Interest on Lawyers’ Trust Accounts
See the difference with IOLTA Checking
With IOLTA Checking, law firms can place client funds into a no-fee trust account. We help manage distribution of interest and provide a report of interest payments to Oregon Law Foundation, which allows you to spend more time with your clients.
We’re proud to include IOLTA Checking in our expanded list of products and services. Like the credit union philosophy of people helping people, IOLTA is a public service program making a difference. The interest from this account helps give people access to the legal help they need.
Benefits of IOLTA Checking:
- No monthly account service fee.
- Unlimited check and ACH transactions.
- Minimum opening balance of $100.
- Competitive interest rates.