Interest on Lawyers Trust Account (IOLTA)
Interest on Lawyers Trust Accounts (for attorneys) allow interest to be earned on escrow funds which is then credited to the designated charitable, tax-exempt entity.
- Unlimited transactions
- No monthly service charge
- Interest, less monthly service charges, is remitted monthly to the appropriate legal foundation*
- Statement includes 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.
BBVA Compass is a trade name of Compass Bank, a member of the BBVA Group. Compass Bank, Member FDIC.