Escrow Savings Accounts

Escrow Savings Accounts

This account is geared to those customers that have a Sullivan Bank mortgage loan and would like the capability of placing money to the side to pay their homeowner’s insurance and real estate taxes.

  • No minimum balance requirement.
  • No minimum opening deposit.
  • No service charges.
  • 2 withdrawals allowed per year or the account may be transferred to a regular savings account with standard service charges and/or rates.
  • Competitive interest rate.