IOLTA Account

An interest-bearing checking account for funds held in trust or escrow on behalf of a third party.

Minimum Opening Deposit:  $1,000.00

Interest:  Interest compounded and credited monthly. $10.00 monthly maintenance fee is netted against interest earned on the account. Special reporting and remittance of interest to the appropriate state agency. (in compliance with state statutes)

Monthly Maintenance Fee:  $10.00

Limited Transaction:  None

Additional Benefits:
Free Check imaging
Free Online Banking
24-Hour Automated Telephone Banking