Property Management Banking
Belmont Savings Bank offers property management banking services tailored to the unique needs of property managers. Whether you're looking for a tenant escrow management system or a property management checking account, or we can customize property management financial solutions to specifically meet your needs.
Property Management Checking Package
- Remote Deposit Capture (RDC)
- Check scanner provided
- ACH/Wire transfer platform
- 1,000 account transactions per month
- Property Management Lockbox
Tenant Escrow Management System
- This escrow management system provides property managers the ability to manage tenant security deposits through a master tenant account with sub account reporting for each tenant.
- Year-end 1099 interest reporting for tenants
- Consolidated monthly statement
Tenant Security Deposit Checking
- Interest bearing checking account for property managers with high turnover properties
- Simplify tenant escrow process
Our team at Belmont Savings Bank has extensive experience in providing successful, high-quality property management banking services. We can create the perfect property management solution that best fits your needs. For deposit accounts, contact our Business Banking Team. For lending information, contact our Commercial Real Estate Lending Team.
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