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IOLTA

Summary

Interest on Lawyer Trust Accounts (IOLTA) are a great way for attorneys and law firms to raise money for charitable purposes. Greater Community Bank is pleased to provide this account to firms in our community. Enjoy up to 250 free transactions per month and competitive interest on balances over $2,500.

Details:

  • Available to attorneys or law firms who wish to meet escrow account needs
  • Competitive interest rates on balances over $2,500
  • Avoid $12 monthly charge by maintaining $2,500 minimum daily balance
  • Up to 250 free transaction items per month; $0.25 fee per item in excess thereafter**
  • Free Online Banking
  • Free monthly E-Statements
  • $2,500 minimum deposit to open

*Interest rates are variable and subject to change.
**An item includes checks paid, deposits, deposited items, and ACH debit and credits. Your GCB representative can provide you with a complete list of per-item fees and credits.