Important Notice: Proper Endorsement on Escrow Checks Required
Escrow refund checks are made payable to both you (the mortgagor) and your municipality. These checks must be endorsed by you and then presented to the municipality for processing.
Attempts to deposit these checks without proper endorsement will not be accepted.
For instructions on handling tax overages, please contact your municipality directly.
Automated clearing house transfers (ACH) is an electronic method of collecting and distributing funds to and from accounts owned by other individuals or businesses. This service is made possible through a nationwide network for exchanging electronic transactions among financial institutions within the Federal Reserve System.
At PyraMax Bank, we want to make it easier and more efficient for you to do business. Create payments, payroll, receivables collection, and transfers to give you the flexibility and control you need to run your business efficiently and successfully. Same-day ACH capability is also available for debits and credits.
Contact your local commercial banker to get started with ACH transfers.
