An escrow account allows you to pay your homeowners insurance, flood insurance, and property taxes monthly as part of your mortgage payment, instead of in a large lump sum. This helps organize monthly finances, and avoids delinquent payments, late fees, or lapses in coverage.
An escrow account is required for loans with an LTV (Loan to Value) greater than 80%.
Please Note: We do not escrow for Water, Sewer, Fire taxes, or Personal Condominium Policies.
To inquire about your current escrow account or if you would like to establish an escrow account, please contact call our Contact Center at (401) 233-4700 to submit the request.
Stay Alert! Spoofed calls and text messages are on the rise. If you receive a text or call appearing to be from us, we want to remind all members that we will never ask for your full card number, full SSN, PIN, or online/mobile banking credentials. If something feels off, hang up from the call, if it’s a text, don’t click or respond, and contact us directly.