Interest on Lawyer Trust Accounts Checking Checking.pdf · IOLTA stands for “Interest on Lawyer...
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OVERVIEW KEY BENEFITS INTEREST FEES MINIMUM OPENING DEPOSIT MONTHLY BALANCE REQUIREMENT IOLTA CHECKING IOLTA stands for “Interest on Lawyer Trust Accounts.” This account is only available to attorneys to hold client funds in trust. Free Monthly eStatement Mobile Deposit Service - $7.95 per month Business Online Banking - $5 (Includes unlimited billpay and mobile banking) Free Business Debit Card Automatic Transfers Unlimited Customer Service (a real person!) Free Mobile Banking Unlimited Check Writing Unlimited Use of Direct Line 24 Free ATMs Worldwide No monthly fee Paper statements $2 per month Interest is paid monthly at the prevailing market rate. Tier I...........................................................$0 - $24,999 Tier II...............................................$25,000 - $99,999 Tier III.........................................$100,000 - $249,999 Tier IV .............................................$250,000 & above $100 None
Transcript of Interest on Lawyer Trust Accounts Checking Checking.pdf · IOLTA stands for “Interest on Lawyer...
OVERVIEW
KEY BENEFITS
INTEREST
FEES
MINIMUM OPENINGDEPOSIT
MONTHLY BALANCE REQUIREMENT
IOLTA CHECKING
IOLTA stands for “Interest on Lawyer Trust Accounts.” This account is only available to attorneys to hold client funds in trust.
Free Monthly eStatementMobile Deposit Service - $7.95 per monthBusiness Online Banking - $5 (Includes unlimited billpay and mobile banking)Free Business Debit CardAutomatic TransfersUnlimited Customer Service (a real person!)Free Mobile BankingUnlimited Check WritingUnlimited Use of Direct Line 24Free ATMs Worldwide
No monthly fee
Paper statements $2 per month
Interest is paid monthly at the prevailing market rate.
Tier I...........................................................$0 - $24,999Tier II...............................................$25,000 - $99,999Tier III.........................................$100,000 - $249,999Tier IV.............................................$250,000 & above
$100
None
