IOLTA is an acronym for Interest on Lawyers Trust Accounts.
- No monthly maintenance fees
- Only $10 required to open the account
- Interest paid directly to the Massachusetts IOLTA Committee
- Online Wire Transfers available (Business Checking and Business Online Banking required)
|Rates effective as of 4/1/2020 and offered through 4/7/2020
|Opening Balance Requirements||Balance to Earn APY||Interest Rate||APY*
|*APR=Annual Percentage Rate. No interest is accrued on any day the balance is less than $10.00. Service fees may reduce earnings on account. Rates may change without prior notice.