IOLTA Account - Business
IOLTA Account and Law Firms
For competitive interest rates.
A $1,000 Minimum deposit to open account
- Interest is paid directly to the Louisiana Bar Association
- $10.00 monthly service charge
- Louisiana Bar Association is responsible for the following:
- $.15 per debit / check
- $.20 per credit / deposit
- A $1,000 minimum daily balance must be maintained to obtain the disclosed annual percentage yield
If account is closed within 2 months of its opening a $20.00 fee is assessed.