Escrow Fee Schedule

Opening Fees - one-time fee
$0-$50,000 $100
Each Additional $1,000 $1.50
Tax and Insurance Reserve Set-Up Fee $75
Assignment Fees $100

Complex escrows may require additional costs.

 

Payment Fees - per payment
$0-$500 $7
Each Additional $100 $1.50
Maximum Regular Monthly Payment $20
Quarterly Payment $25
Semi-Annual Payment $50
Annual or One-Time-Only Payment $80
Receipts $2
Monitoring Late Charges $10/month

 

Tax and Insurance Reserve Fees - per payment
Minimum $3/month
Quarterly Payment $9
Semi-Annual Payment $18
Annual Payment $36

Payments are accepted at any First Interstate Bank location throughout Montana, Wyoming, and western South Dakota.

 

Additional Fees
Amendments or Changes in Terms $25/hour
Amortization Schedule $5
Default Fees $75 plus bank's attorney fees
Disbursement by ACH - First Interstate Bank Customer no charge
Disbursement by ACH - First Interstate Bank Non-Customer $3
Disbursement by Check $10
Overnight Mailing Fee $10
Payoff of Closing Fees (per $1,000 - minimum of $50) $1
Payment History (per page) $1
Payoff Request no charge
Each Additional Payoff Request $5
Reverse NSF Payment $25
Written Verification of Payment History $5

First Interstate Bank reserves the right to review all files prior to acceptance.

Other related service fees

Other bank-related fees may apply such as fax, photocopies, returned checks, wire transfers, etc. A list will be provided upon request. Other related service fees are subject to change without notice.

Additional fees may be assessed for extraordinary services. All fees are subject to increase and the parties are jointly and severally liable for them. Files transferred from other institutions may be subject to different fee schedules. Default/closing fees do not include possible legal consultation fees.