IOLTA Trust Checking
Lawyers and legal agencies can satisfy their ethical and fiduciary obligations with an IOLTA (Interest on Lawyers' Trust Account). With this unique checking account, you can easily contribute toward legal fees for civil services and people who otherwise couldn't afford representation.
Your IOLTA balance accrues interest that is then passed on to the North Carolina Bar Association. Of course, it is a checking account, so you also get all the standard benefits, like unlimited check writing and online services. Manage your money and contribute to the community too.
- Summary
- Balances over $1,000 earn interest
- Earnings remitted to NC Bar Association quarterly
- Pooled interest used for legal services for poor and disadvantaged
- Unlimited check writing
- No monthly fee or minimum balance
- Free business banking concierge service
- Free use of our community room facilities and equipment
- Remote deposit capture available*
- Free online banking with bill pay
- Free e-delivery of monthly statements
- $200 minimum deposit to open
*Credit approval required.
