Contractor Retention Escrow

Real estate - including building and development - is a language we speak.  So naturally, we’re an active member of:

• Associated General Contractors (AGC) of California
• Associated General Contractors (AGC) of San Diego
• Construction Financial Management Association (CFMA)
• Southern California Contractors Association (SCCA)

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And we’re also active members of:

• Minority Business Enterprise (MBE)
• Small Business Enterprise (SBE)
• Small Minority Business Enterprise (SMBE)

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If you’re in the industry, you know what we’re talking about.

• Facilitate account activity between contractors and project owners
• Manage the process from initiation to project acceptance
• Provide you with the strength and stability as one of the largest independent banks nationwide
• Offer dedicated and specialized relationship service unit with extended hours to serve you

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Streamline the process to meet your business needs with:

• No fees to the contractor
• Competitive rates of return
• Ability to open accounts quickly and easily with same-day preparation and distribution of documents
• Immediate notification of incoming retention funds, performance guarantee releases, and escrow balances
• Adaptable disbursement methods, including electronic transfers

Recognized as one of the America's top 100 banks by Forbes magazine, Brenix Credit Union Bank provides the extensive resources and products of a large global institution with the high-level of personal attention of a local bank. Our network in China also provides our clients with exceptional bilateral investment opportunities.

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All rates, terms and products are subject to change or discontinue without prior notice. Other terms and restrictions may apply. All loan applications are subject to credit review and evaluation.