Fulton Bank Unveils Innovative Escrow Management Platform
Fulton Bank Unveils Cutting-Edge Deposit Escrow Management
Fulton Bank, N.A., a key player in the financial sector and a subsidiary of Fulton Financial Corporation, has launched an advanced digital solution called Fulton Deposit Escrow Management. This innovative platform is designed to provide clients with seamless access to their escrow information, greatly enhancing the user experience.
Partnership with ZSuite Technologies
This new capability is introduced through a collaboration with ZSuite Technologies, known for its leadership in escrow account and subaccount management. The platform caters primarily to professionals in the real estate sector, including landlords, property managers, and local government entities. Key features of the platform, known as ZEscrow, include bulk import functionality, straightforward account accessibility, and customizable interest settings, all of which organize escrow management more effectively.
Benefits for Commercial Customers
Lou Lombardi, the Director of Middle Markets at Fulton Bank, expressed pride in this launch, noting, "We are thrilled to present ZEscrow to commercial clients. This platform offers a streamlined and secure method to manage escrow accounts, allowing clients real-time access and peace of mind. Our ongoing goal is to provide efficient solutions for our customers, and our partnership with ZSuite is an ideal fit for achieving that aim."
A Commitment to Innovation
Nathan Baumeister, CEO and co-founder of ZSuite Technologies, echoed this sentiment, stating, "Partnering with Fulton Bank enables us to deliver innovative escrow management solutions that enhance value for their clients. This collaboration signifies our mutual dedication to offering top-notch tools that empower both businesses and individual customers."
About Fulton Bank
Fulton Bank, headquartered in a vibrant community, serves as a significant regional banking institution. As a part of Fulton Financial Corporation, which oversees assets exceeding $30 billion, Fulton Bank delivers a wide array of financial products and services through a network of over 200 centers. The bank prioritizes building strong customer relations, community assistance, and empowering over 3,500 employees to make impactful contributions. They aim to foster positive change in lives by creating valuable connections and offering comprehensive support initiatives.
About ZSuite Technologies
ZSuite Technologies specializes in producing digital escrow solutions aimed at transforming how financial institutions service their clients. Their applications, such as ZRent and ZEscrow, optimize the collection of recurring payments and simplify the management of three-party accounts and multi-use escrow subaccounting, allowing greater efficiency and compliance for users.
Contact Information
For inquiries, Jennifer Bowers is the point of contact, available at 717-682-0174. Fulton Bank is dedicated to providing its customers with top-tier service and support.
Frequently Asked Questions
What is the purpose of Fulton Deposit Escrow Management?
The platform allows customers to easily access and manage their escrow information, enhancing their banking experience.
Who developed the escrow management platform?
The platform was developed in collaboration with ZSuite Technologies, a leader in escrow account management.
What industries will benefit from ZEscrow?
ZEscrow is particularly useful for clients in the real estate industry, including property managers and local government organizations.
How does this platform improve escrow management?
ZEscrow offers features like bulk account imports, simplified access, and customizable settings, making it a powerful tool.
Who should I contact for more information?
You can reach out to Jennifer Bowers at 717-682-0174 for further information regarding Fulton Bank's services.
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