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 NYS)
- 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.
