IOLTA CHECKING FOR ATTORNEYS
Created for attorneys that maintain client funds, the IOLTA (Interest On Lawyers Trust Account) meets all your checking needs while helping out those less fortunate than yourself.
With this account, you earn a good interest rate on your balance -- that interest is used to provide civil legal aid to the poor and support improvements to the justice system.
This is a convenient way to give back while meeting the state requirement that interest earnings be pooled to support legal aid and improvements to the justice system. We'll even take care of reporting and transferring the funds to the Commonwealth.
- Summary
- Interest paid monthly
- No monthly fees
- No minimum balance
- No per check charges
- We handle the paperwork for you
- Interest sent to the Massachusetts IOLTA Committee
- Free personalized checks
- Free Online Banking
- Free eStatements
- Unlimited Telephone Banking
- Free return of check images
- Free monthly statement
- FDIC insured
