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Business

Legal Trust Business Account (IOLTA)

The Interest on Lawyer Trust Accounts or “IOLTA” program was created by the South Carolina Supreme Court to provide and manage funds for law-related public service projects and programs designed to improve the administration of justice.

Account Details:

Minimum deposit	$500.00
Best for you if	You are looking for an Interest-bearing account opened only for Lawyer’s Trust Accounts.
Monthly Maintenance fee	N/A
Minimum Daily Balance to avoid fee	N/A
Minimum Daily Balance to avoid sweep maintenance fee	N/A
Monthly Sweep Maintenance fee	N/A
Free Items/Transactions per month	N/A
Debit Card	N/A
Interest	Click for interest rate
Telephone & Online Banking	Yes
Standard Fees:
Fee per item in deposit	N/A
Fee per deposit	N/A
Transaction fee per debit paid	N/A
Excess item fee	N/A
Return item fee	N/A

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