Escrow Manager Accounts
We understand the demands of your profession and have created the Leader Bank Escrow Manager Account which will allow you to more efficiently manage tenant and client funds accounts.
The Escrow Manager Accounts make it easy to open, maintain, and close separate accounts. There are no monthly service charges and a client account may be opened with as little as $5,000.
We look forward to working with you to help meet the needs of your business as well as your clients!
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No monthly service fees
Rely on a single monthly statement that details and summarizes account information for all of your linked escrow accounts. Add as many subsidiary escrow accounts as you need, without limits.
Streamlined Funding & Disbursement
Once the Escrow Master Business Checking is established, new subsidiary escrow accounts can be opened with a single, one page form. When it’s time to disburse, subsidiary escrow accounts can be closed by phone, fax, or email.
Year End Tax Reporting
Our deposit specialists ensure that any interest earned on client funds is reported on their end of year 1099-INTs which are mailed directly to them.
Remote Account Management
Working with your dedicated branch support team, you will be able to manage many escrow deposits without the need for time-consuming trips to the bank or the worry of using multiple checkbooks. Use our advanced online banking to view your accounts anytime, anywhere. Add multiple users at no extra cost with customizable access levels for partners, clerks, and bookkeepers.
Line of Credit up to $50,000
Working capital lines of credit are available for your business to provide cash flow for short term needs and to finance inventory and accounts receivable.
Remote Deposit Scanner
Skip the trip to the bank - scan and deposit checks directly from your office!
Our customizable eAlert system will email you whenever there are deposits or withdrawals on your accounts.
Online Wire Transfers
Transfer of funds either domestically or internationally can be processed on the same day. Please note: If a request is received after 3:00 P.M. it will be processed the next business day.
Increase your business’s efficiency by receiving direct deposits, and making direct payments as well as quick, easy transfers.
1031 Exchange Accounts
Our program provides an easy-to-use Master Account for Qualified Intermediaries, making the process of opening and closing accounts simple.
Escrow Manager Business Checking
Consolidate funding and disbursement of escrow funds through a single no-fee business bank account. Use Leader EasyDeposit remote capture to make deposits right from your office.
Multiple Debit Cards
Keep your company finances in one clear, concise statement with multiple debit cards linked to one account.
Use the Leader Bank Mobile App to deposit checks directly from your phone. Stay connected to your finances anytime, anywhere! Check with your wireless provider for fees that may apply.
Leader Bank has convenient night deposit drops at all of our branches to make deposits 24 hours a day, 7 days a week. After hours deposits are secured in a vault and recorded on the next business day.
Advanced Online Banking
Log on to our website to manage your account anytime, anywhere. Add multiple users at no extra cost with customizable access levels for partners, clerks, and bookkeepers.
Grant full or limited access of Business Banking Accounts to employees at your company. View check images, initiate stop payments, and download account history into your financial management software with the click of a button.
Dedicated Support Team
Our Business Banking Officers as well as branch personnel are ready to help with all of your financial needs.