BANKING SERVICES

Our FDIC-insured banks protect and govern your passenger and operating funds.

US DOT Account

Shelby Financial helps you promote professionalism and reliability to your customers and business partners, streamline your operations, and comply with U.S. Department of Transportation regulations with our FDIC banking partners and automated escrow accounting system.

US DOT Depository Agreement

Charter Operators and Air Carriers require Depository Agreements in order to file charter prospectuses with the U.S. Department of Transportation. Shelby Financial can assist in securing an agreement and assist in the filing. In addition, Shelby provides a Special Purpose Depository Agreement (SPDA) Escrow for tour operators, cruise lines, travel agencies, and independent contractors who wish to escrow deposited funds.

FDIC-insured locations throughout the US. Contact us today.

Bank Escrow Account

Shelby Financial understands the importance of safeguarding assets and mitigating risk for your business transactions. Escrow arrangements are a smart solution to protect your assets until a transaction is successfully completed. We act as an independent party to the transaction, holding assets in escrow and disbursing them quickly and securely according to the terms of the agreement.

Online Reporting

When you open an escrow account with Shelby Financial, you’ll also receive a consolidated monthly Master Account statement that provides you with a clear and comprehensive listing of all linked client sub-accounts, making your record keeping easy to review in one neat package. You can view your account online, check your balance, and view monetary funds available for
disbursement.