IOLTA NOW
With an Interest on Lawyers Trust Account (IOLTA), you can simplify account management while generating earnings to fund legal aid for the poor.
Details
- Generate funds to provide civil legal services for the poor
- Available at no cost to you, your clients, or the public
- Nominal interest is pooled to fund these services rather than go toward a monthly service fee
- No minimum balance to earn interest
- Interest earned is paid to Michigan State Bar Foundation
- Online banking and bill pay available
- Free eStatements
- Free telephone banking
- $50 minimum deposit to open