Interest on Lawyer Trust Accounts/ IOLTA Checking account as a multi-client trust account for attorneys. Clients' funds earn interest and are paid to the appropriate state agency.
Features Free Business Online Banking and bill payment $100 minimum opening deposit Monthly statement with cancelled check images Earn interest on entire account balance Minimum Balance to Open the Account $100 Minimum Balance Requirement None Monthly Maintenance Fee None Interest Compounding and Crediting FrequencyInterest will be compounded every month. Interest is automatically remitted to the appropriate Bar Foundation on a monthly basis. |