Mini house and heart, family members, US money bags on rows of rising coins on table. Family tax benefit, residential property tax concept: depicts home equity loan, real estate business investment. Credit/Adobe Stock

Mortgage tax escrow payments for both local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these payments, timely settlement of local property taxes holds particular significance. It's not just about fulfilling a financial obligation; rather, it plays a pivotal role in maintaining stability for homeowners, government processors and the broader community, with credit unions serving as central orchestrators in this vital process.

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