February 20: Business Online Banking Maintenance

Business online banking will be unavailable from 9 p.m. Mountain Time tonight, Tuesday, February 20, until 1 a.m. Mountain Time on Wednesday, February 21.

Escrow Services

What is needed to set up an escrow account?

Service: Escrow Services | Updated: August 5th, 2015

Answer:

Parties to the escrow need an executed agreement. On traditional escrows the agreement may be a contract for deed, trust indenture, mortgage, or buy/sell agreement. In addition, the parties will complete a First Interstate Bank Escrow Agreement which documents buyer/seller name and tax information, legal documents received, payment amount and frequency, interest rate and method (360/365), disbursement instructions, fees, and rules and regulations of the agreement.

Learn more about Escrow Services


Was this answer helpful?

Your feedback helps improve this answer.

  Thank you, your feedback has been submitted.


Related Questions

View All FAQ’s for Escrow Services

Can’t find what you’re looking for? Search firstinterstatebank.com or Contact Us.


Other Support Topics