Important Dates 2025
| July 2025 | Escrow Analysis statements mailed. Date TBD. |
| August 25 | Last day to update your September 1st Payment |
| September 1 | New payment goes into effect |
| September 16 | Late fee will be assessed if your updated payment amount is not received by due date |
What is Annual Escrow Analysis?
The Real Estate Settlement Procedures Act (RESPA) requires we review your escrow balance and all payments made over the past year to ensure we are collecting proper amounts to pay for future tax and insurance invoices.
Each year, we review all escrow accounts to make sure there is enough money to cover taxes and/or insurance payments.
You will receive an Annual Escrow Analysis if 1st Security Bank pays one or more of the following items on your behalf out of your Mortgage Escrow Account: property taxes, hazard insurance, mortgage insurance or flood insurance.
How can I view my escrow account information?
To check your escrow account balance or for other questions about your escrow account please give us a call at (800) 683-0973 Monday through Friday, 8:30am to 5pm PT.
How do I understand the information in my analysis?
We've created an easy-to-follow Escrow Analysis Guide for reading and understanding your Annual Escrow Analysis.
Download Escrow Analysis Guide
How can I update my automatic payment?
Updating External Recurring Loan Payments in Online Banking:
- Log into Online Banking
- Click on "Make a Loan Payment" and select "From Another Bank Account"
- Click "Cancel" next to your recurring payment and choose "Cancel Series" then click "Yes"
- Click on "Make Payment"
- Select "Pay from bank account" and input all applicable payment information. Click "Repeat" next to the payment amount to establish how often the payment should process
- Agree to Terms and Conditions and click "Continue"
*Note: to schedule a recurring payment, select the 'Repeat' box next to the payment date.
Updating External Recurring Loan Payments in Mobile Banking
- Log into the 1st Security Bank Mobile Application
- Click on "Pay"
- Click on "Make a Loan Payment"
- Click "Cancel" next to your recurring payment and choose "Cancel Series" then click "Yes"
- Click on "I want to" and then click "Make Payment"
- Input all applicable payment information. Click "Repeat" next to the payment amount to establish how often the payment should process
- Agree to Terms and Conditions and click "Continue"
*Note: to schedule a recurring payment, select the 'Repeat' box next to the payment date.
Can I make an additional Escrow-only payment?
Yes, you may make an escrow-only payment through Online Banking. Log in to Online Banking and click 'Pay' under your mortgage loan account.
- Select an account to pay from.
- Enter the date and amount you wish to pay to reduce your shortage.
(Leave the 'Repeat transfer' box unchecked to make a one-time payment) - Select 'Pay escrow only' from the I want to dropdown menu.
- Click 'Make transfer' to submit your payment.
When should I expect my Annual Escrow Analysis Statement?
Your 2025 Annual Escrow Analysis Statement will be mailed in early July 2025. Please check back soon for additional information regarding your 2025 Annual Escrow Analysis.