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CFCU Credit Union

Routing #: 221381540

Custodial Escrow Accounts

Use a Custodial Escrow Account to help you better serve your clients and tenants and create efficiencies in your business.

Landlord/Tenant Accounts:

Are interest earning savings accounts that allow landlords to place a security deposit from a tenant and hold it in the tenant’s name on the landlord’s behalf. This type of account can only be used for security deposits and no other transactions.

Funeral Accounts:

Are interest earning savings account that allows funeral homes to hold pre-payments set aside for funeral expenses on behalf of the funeral home. This type of account can only be used for pre-payment of funeral services and no other transactions.