CITIZENS BUSINESS BANK - NEW ACCOUNT INFORMATION
Main Contact: Tim Noone
August 6, 2008
I. Basic Information:
Monthly base cost for Trust account will be $50.00
NO General account will be required. Citizens Business Bank will establish
an ACH debit to their existing business general account for the Trust
account fees.
Outgoing wires fees charged at $25.00
All fees charged to the General Account
Positive Pay for Trust account is includedDaily recon (BAI files) for
Trust Account included
ACH Debit block for Trust account included
Citizens Business Bank will cover the cost of the initial order of laser
security checks (250)
II. Opening Requirements:
Completed Citizens Business Bank worksheet (copy attached)
Fax completed worksheet and the following documentation to number specified
on worksheet:
o Articles of Incorporation
o Corporate Statement of Information (if available)
o DBA filing if applicable *within 5 years*
o Proof of publication for DBA
o Copy of Broker's License
o DRE/DOC Website printout and Broker application
o Completed W-9
o (Note: Deposits accepted after 8/18/08)
III. Additional Information:
Citizens Business Bank is working with Virtual Escrow™ Technology
to initiate an outgoing wire transfer via direct file transmission in
the near future. Until such time as that phase is complete, all users
will continue with the wire procedure as normal faxing it to the wire
department at Citizens Business Bank.
Fee transfers will no longer be required, however if the broker elects
to continue to utilize the transfer that is also possible for any amount
up to the full escrow fee. The difference will be that the transfer
will no longer alert, the broker will need to request the check for
the fee account to deposit to their general account.
Exceptions will need to be authorized with the Virtual Unit at Citizens
Business Bank.
IV. Converting an Existing Mellon account to Citizens Business Bank:
If the account in question is with Mellon and on the Daily recon the
switch will be relatively easy.
Please review the account for any stale dated items. Any exceptions
must be cleared prior to conversion
All paperwork specified in opening requirements will still be required.
Once confirmation has been received that the account has been opened
please contact our office; we will assist you with the conversion.
New installation/broker code WILL NOT BE NECESSARY.
|
IRWIN UNION BANK -
NEW ACCOUNT INFORMATION
Main Contact: Deanna Avila -(714-850-6453) email: deanna.avila@irwinunion.com
August 6, 2008
I. Basic Information:
Monthly base cost for General and Trust accounts combined will be $50.00
per month
Irwin Union Bank encourages the use of the General account as a true business
account and provides for additional related benefits.
Outgoing wires fees charged at $25.00
All fees charged to the General Account
Includes:
o Positive Pay for Trust account
o Daily recon (BAI files) for Trust Account
o ACH Debit block for Trust account
o Desktop Banker (applicable to both General and Trust Accounts ) *
o Microbank™ (applicable to both General and Trust Accounts) **
o MasterCard Debit (General account only)
Stop payments fee $26.00 for 6 months. Must renew if longer period of
time required. *
Cashier Check fee: First two free, $5.00 for each additional
Irwin Union Bank will cover the cost of the initial order of 250 Laser
Security Checks.
II. Opening Requirements:
Completed Irwin Union Bank worksheet (copy attached)
Fax completed worksheet and the following documentation to number specified
on worksheet:
o Articles of Incorporation
o DBA filing if applicable *within 5 years*
o Drivers License copies for all authorized to sign on Trusts OR General
Account
o Copy of Broker's License
o DRE/DOC website printout and broker application
o Completed W-9
o $200.00 deposit for General account will be required with the return
of the signature cards and account documentation. (Note: Deposits accepted
after 8/18/08
III. Additional Information:
Irwin Union Bank is working with Virtual Escrow™ Technology to initiate
an outgoing wire transfer via direct file transmission in the near future.
Until such time as that phase is complete, all users will need to confirm
any outgoing wires in the system, retaining the wire form for the file
and ALSO will need to generate the actual wire transfer via Desktop Banking*
Fee transfers will no longer be required, however if the broker elects
to continue to utilize the transfer that is also possible for any amount
up to the full escrow fee. The difference will be that the transfer will
no longer alert, the broker will need to request the check for the fee
account, print, sign, endorse and utilizing microbank™, make the
deposit into the General Account**
Exceptions will need to be authorized online via Desktop Banking*
IV. Converting an Existing Mellon account to Irwin Union Bank:
If the account in question is with Mellon and on the Daily recon the switch
will be relatively easy.
Please review the account for any stale dated items. Any exceptions must
be cleared prior to conversion.
All paperwork specified in opening requirements
will still be required.
Once confirmation has been received that the account has been opened please
contact our office; we will assist you with the conversion.
New installation/broker code WILL NOT BE NECESSARY.
Desktop Banker-Irwin Union Bank's online banking
system
**Microbank™** Irwin Union Bank is making Microbank™ available
to Virtual Escrow™ account holders. This hardware/software platform
will allow users to electronically scan and deposit checks into their
General or Trust accounts. For additional information please visit their
website: https://www.irwinunion.com/iub/microbank/index.jsp
Irwin
Banking Agreement
Escrow
Suite Product Sheet
|
