How are my taxes paid?
If you have an escrow/impound account, the Credit Union obtains your real estate tax amounts and pays the taxes as they become due. Tax payments will be noted on your billing statement. In certain areas, however, tax collectors will not release this information to lenders. If we need your assistance in obtaining your tax bill, we will forward a letter to you requesting a copy. If you receive your tax bill and do not receive a letter from us, please keep the bill for your records. If you do not have an escrow/impound account you will need to pay your property taxes.