A Message Regarding Your Prepaid Taxes
January 3, 2018
TFCU's loan servicing has completed processing of all escrow payments to municipalities located in Suffolk County for the first half of 2018.
Each municipality has handled the evolving tax situation differently, and we will keep this page updated as the picture becomes clearer.
For our members who reside within the Town of Brookhaven, we were advised by the town that residents were required to pay their entire 2018 tax bill. Afterwards, the Town of Brookhaven will refund the first half's payment. This refund could take several months to be completed.
It is our understanding that other municipalities on Long Island will follow Brookhaven's example, and proceed with their tax payment and escrow refunds in a similar manner. Annual escrow analysis will continue as planned, and refunds will be processed as they are received.