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.