PCBB acts as the Impound Agent for over 70% of the new banks formed in the western US. Over 80% of these De Novo Banks also selected PCBB as their Settlement bank as soon as they opened their doors. These numbers clearly indicate that PCBB has become the “Preferred Provider” for both De Novo Banks for their initial offering and other banks for their secondary offerings.

Impound/Escrow Account Service Includes:

• Based on years of successfully providing Impound/Escrow Account Services to De Novo Banks, PCBB can efficiently and securely manage critical tasks associated with your capital raising phase.
• From the receipt and deposit of stock funds into your Impound/Escrow Account to the disbursement of funds to your bank prior to opening your doors, PCBB does it all!
• De Novo Banks are provided with daily reporting via Correspondent Bank Connection (CBC) to keep them up-to-date on their progress in reaching their capital raising goals.

PCBB is prepared to open your Impound/Escrow Account and would be pleased to be considered as your designated financial institution!

Click here to Request Iinformation on our Impound/Escrow Account Services and how to get started with PCBB!

Link below to learn more about the Banking Services we provide!

Lending Services	Capital Market Services
De Novo Bank Services	Check 21 Solutions