Bank Utilizes ZEscrow for 1031 Exchange Growth

This document is a case study detailing how a $4 billion private bank in the Southeast is leveraging ZSuite Tech's ZEscrow platform to enhance its deposit acquisition strategy, specifically targeting 1031 exchanges. The bank, known for its commercial focus and rapid growth, chose ZEscrow due to its innovative technology and user-friendly interface, which facilitates efficient management of three-party accounts. The case study outlines the bank's objectives to improve deposit acquisition and operational efficiency through the adoption of ZEscrow. Key features of the platform include online account management, secure access for financial institutions and qualified intermediaries, and tools for interest rate calculations and wire instructions. The case study also highlights a successful onboarding experience, where the bank was able to add 27 accounts with over $10 million in deposits in under two months, showcasing the effectiveness of the ZEscrow system in meeting the needs of 1031 exchange customers.