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Union Bank's 1031 Exchange Experience and Dedication

Easy, fast opening and closing of segregated bank accounts is essential to 1031 exchange accommodators. Union Bank's title and escrow services team meets your needs with robust, online product offers and industry experience. You can optimize returns with flexible and competitive rate options through our 1031 exchange banking program.

Our team has served the industry for more than 50 years. To provide services that help meet your needs, we stay current on industry trends through active membership in trade associations, including:
  • Federation of Exchange Accommodators
  • American Land Title Association
  • California Land Title Association
  • California Escrow Association
  • Oregon Land Title Association
  • Texas Land Title Association
  • Washington Land Title Association
  • Escrow Association of Washington

Specialized Services for 1031 Exchange Accommodators


ChallengeSolution
Simple online account managementEasy online checking and money market account opening, transfers, and closing in a secure environment daily until 6:00 p.m. Pacific Time
Review accountsInformation reporting, including customized reports by exchange (e.g., money market rate report with daily accrued interest, daily transaction register, and monthly interest calculation report)
Excess FDIC insurance coverageSurety bond that provides excess FDIC insurance coverage on segregated bank accounts based on availability
Dual signaturesWe offer both a qualified trust account and qualified escrow account agreement for taxpayers who want to authorize withdrawals from their segregated bank accounts
tcm:9-41741 Rely on Union Bank to help maximize interest earned on 1031 exchange accounts. Call Union Bank's specialists at 
1-866-632-9462 to learn more.