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IOLTA Checking Account
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Business Checking
IOLTA Checking Account
Interest on Lawyers’ Trust Account (IOLTA) is a tiered interest-bearing checking account designed for lawyers holding money in trust or escrow on behalf of a client. All interest earned is remitted to the Massachusetts IOLTA Committee by Webster Five on a quarterly basis. No monthly service charges, no minimum balance requirement, and unlimited check writing.
Features
Interest on Lawyers’ Trust Account (IOLTA) is a tiered interest-bearing checking account designed for lawyers holding money in trust or escrow on behalf of a client. All interest earned is remitted to the Massachusetts IOLTA Committee by Webster Five on a quarterly basis. No monthly service charges, no minimum balance requirement, and unlimited check writing.
Features
- Tiered - Interest bearing account (click here for rates)
- No monthly maintenance fee
- No minimum balance
- FREE QuickPath online banking
