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BBVA Compass

Interest on Lawyers Trust Account (IOLTA)

Interest on Lawyers Trust Accounts allow interest to be earned on escrow funds which is then credited to the designated charitable, tax exempt entity.

Who is it for?

This account is designed for attorneys.

IOLTA features

  • Unlimited transactions
  • No monthly service charge
  • Interest, less monthly service charges, is remitted monthly to the appropriate legal foundation*
  • With this account, your statement will include images of cancelled checks in numerical order at no extra charge

Account subject to approval.

All rates subject to change at the discretion of Bank management without notice.