Interest on Lawyers Trust Account (IOLTA)
Interest on Lawyer’s Trust Account (IOLTA)
Minimum deposit to open – $100
Account activity charges based on analysis of per item fees as follows:
$17 monthly maintenance fee
$.17 per debit item
$.10 per on-us deposited item
$.11 per foreign deposited item
$.80 per deposit
Compensating balances may offset all or portions of the maintenance fee and activity charges.
Amount remitted to State Bar Association: Earnings credit less total account activity charges.