Escrow Managment

Escrow Management

Escrow Manager Services

Forget about the headaches of managing multiple escrow accounts – no more piles of paperwork, complex interest calculations or 1099 reporting. With Embassy Escrow Manager, you combine multiple sub-accounts under one master account and we handle the recordkeeping for you.

  • Interest or non-interest bearing accounts.
  • Comprehensive monthly reports.
  • Single master account.
  • Easy accounting of numerous accounts.
  • Improves and consolidates recordkeeping.
  • Open sub-accounts quickly & easily.
  • Bank prepared and mailed 1099 forms.
  • Inividual sub-accounts are FDIC insured up to $250,000
  • Easy disbursements.
  • Dedicated escrow hot-line.

1031 Exchanges

Defer capital gains on the sale of investment, income or business real estate with a 1031 Exchange. Embassy Bank can be your one source for seamless, convenient real estate transaction solutions and 1031 Exchanges.

  • Defer your tax burden.
  • Increase your buying power toward the next property.
  • Local qualified intermediary to administer the exchange.
  • Commercial lending available for real estate purchases.
Contact Dave Arner, CTP, Vice President,
Commercial Services, at 484-821-1201.
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