Tax & Escrow Savings Accounts
With our tax/escrow savings accounts, Adirondack Regional Federal Credit Union takes the guesswork out of your property and school taxes. This account is for anyone who owns property, whether they are a first-time homebuyer or have been maintaining a mortgage in the Adirondack region for decades.
We will work with you to determine how much per month you need to deposit into your escrow account to cover your annual taxes and home-owners insurance premiums. Even better, your escrow account earns interest on balances over $100. This means that even though this account can only be used to pay taxes and insurance, you will still earn dividends on the money you set aside.
Looking for a Mortgage?
Whether you are a first-time home buyer, are relocating to the area, or are looking for the perfect Adirondack vacation getaway, we offer mortgages that are easy to navigate, which means you can be in your new home faster.