Interest on Lawyers Trust Account (IOLTA)This is a special account used by attorneys to hold small dollar, short term escrow funds. - Deposited funds earn interest, which is then transferred to Maryland Legal Services Corporation by BankAnnapolis, less monthly service charges.
- Monthly account service charges:
- $17.00 monthly maintenance fee
- $0.16 each check paid
- $0.45 each deposit
- $0.12 each check deposited
- $0.16 each ACH debit
To learn more about our business checking solutions or to get to know your own Private Business Banker , contact our Private Business Banking Division to set up a meeting today or give us a call at 410-224-4475. (By the way, switching banks to BankAnnapolis is easy. We do all the work!) Check current business deposit rates. |