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Online Credit Reports
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If your business manages multiple escrow accounts, we at OceanFirst can help you take care of them by creating a single Master Escrow Account. We even provide complete IRS reporting and issue 1099s at year-end.
- Interest-bearing, non-interest bearing and IOLTA fund accounts available.
- Interest compounded monthly and credited monthly.
- No monthly service charge.
- No minimum balance.
- Comprehensive statements reduce paper work.
- Daily updates on sub-accounts.
- Each sub-account is FDIC insured.
- 1099 reporting at year-end.
For more information on how you can simplify the management of your escrow accounts, call toll-free 1-888-OCEAN33, or visit your local OceanFirst branch today.
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