Designed to meet the financial needs of professional practices.
An IOLA (Interest on Lawyer Account) is a type of interest-bearing checking account used by New York attorneys to hold client funds.
- Interest bearing — Interest earned on balances $1,000 and over, automatically sent to New York State
- First order of checks free
- eStatements available
- TeleBanc — 24-hour telephone banking service
- Online Banking — Available 24/7, wherever you can access the Internet
- Bill Pay — Electronic bill payment system to simplify your life
- Remote Deposit Capture — Deposit your checks electronically right from your desktop
- Night Deposit services — Make deposits at your convenience
Minimum deposit of $50 required to open. No limit on pre-authorized transfers. For specific product fees and account details, consult a local branch.