IOLTA stands for "Interest on Lawyer Trust Accounts". This account is only available to attorneys who hold client funds in trust.
Key Benefits
- Free Business Debit Card
- Free monthly e-Statement
- Free Direct Line 24 (telephone banking)
- Unlimited Customer Service Assistance
Interest is earned at the prevailing market rate in four (4) tiers. Interest accrues daily and is paid monthly.
Tier I ........... $0 - $24,999.99
Tier II .......... $25,000 - $99,999.99
Tier III ......... $100,000 - $249,999.99
Tier IV ........ $250,000 & above
Rates are subject to change at any time without notice.
Minimum Opening Deposit - $25
Minimum Balance Requirement - None
Minimum Balance Requirement - None
Unlimited transactions