Mobile Menu

Grinnell, Iowa, Branch is Open

Our Grinnell, Iowa, branch is experiencing some connectivity issues with its phone system, which we're working diligently to correct. In the meantime, the lobby and Drive Thru are full staffed and ready to serve your banking needs. Clients may also call our Sully branch at 641-594-4400 for assistance by phone. We apologize for the inconvenience and appreciate your patience.

Escrow Services

Does First Interstate Bank process escrow taxes or insurance premiums?

Service: Escrow Services | Updated: August 6th, 2015

Answer:

A reserve account can be established for the payment of taxes or insurance related to the escrow. Additional fees apply. See Escrow Services & Fees brochure for current fees. The buyer or seller is responsible for submitting tax and insurance statements to the Escrow Department. If there are not sufficient funds in the account to pay the taxes or insurance, the buyer and seller will be notified of the shortage.

Learn more about Escrow Services

Was this answer helpful?

Your feedback helps improve this answer.

Thank you, your feedback has been submitted.

Other Support Topics

Related Questions

View All FAQ’s for Escrow Services