Interest on Real Estate Bankers Trust Accounts (IOREBTA)
IOREBTA is a checking account exclusively for real estate brokers and agencies. It holds escrow funds in an interest-bearing account, with accrued interest automatically going to the Connecticut Housing Finance Authority (CHFA). There, the money is used to give down-payment support to people who qualify. We’ll take care of the process and paperwork, so you can focus on your business, knowing this is compliant and handled.
- Save time and paperwork
- Easy way to support a worthy cause
- Convenient online banking and bill pay
- $50 off first order of Harland brand business checks1
- No monthly service charge
Services for real estate offices
With variable cash flow, specialized bookkeeping and escrow management, for starters, real estate professionals have unique business considerations and contingencies.
If you’re in the commercial real estate business, you know that the steady flow of funding is essential. Webster can help you access lines of credit & term loans, commercial mortgages and SBA-guaranteed products.2
The Private Bank
For long-term investment strategies and risk management, Webster Private Bank offers tailored credit, investing, banking and fiduciary solutions to manage potential risks and provide needed guidance for your clients.3