Escrow

Escrow is a financial arrangement in which a third party holds and manages the funds or assets of two parties involved in a transaction until the terms of the transaction are fulfilled. Escrow is often used in real estate transactions to ensure that the funds for a purchase or sale are held securely until all the terms of the agreement have been met. Continue Reading Below

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Franklin Trust FCU Escrow Account

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About Escrow

Escrow is a financial arrangement in which a third party holds and manages the funds or assets of two parties involved in a transaction until the terms of the transaction are fulfilled. Escrow is often used in real estate transactions to ensure that the funds for a purchase or sale are held securely until all the terms of the agreement have been met.