\\u003cp\\u003eIf your old policy hasn\\u0026rsquo;t expired when you cancel, you may receive a refund check. If the insurance company pays you directly, you will need to forward the check to Gate City Bank for deposit into your escrow account. Without the refund, there will be a shortage in your escrow account. This may cause an increase to your monthly mortgage payment. You can mail your check or stop by your local \\u003ca href=\\"/locations/\\"\\u003eGate City Bank location\\u003c/a\\u003e to have it placed in your escrow account.\\u003c/p\\u003e\
\\u003cp\\u003eOnce you receive your refund, please endorse the check with \\u0026ldquo;For Escrow Deposit Only,\\u0026rdquo; along with all applicable signatures. Then, please mail the check to the following address:\\u003c/p\\u003e\
\\u003cp\\u003eGate City Bank\\u003cbr /\\u003ePO Box 2847\\u003cbr /\\u003eFargo, ND 58108\\u003c/p\\u003e\
\\u003cp\\u003ePlease be advised that switching insurance and/or switching effective dates may alter your original escrow calculation. This could result in an additional increase or decrease to your monthly mortgage payment. Once Gate City Bank knows your refund has been placed in your escrow, we\\u0026rsquo;ll look at your account to determine if it should go through analysis. Please \\u003ca href=\\"/contact/\\"\\u003econtact us\\u003c/a\\u003e with any questions.\\u003c/p\\u003e