GET TO KNOW THE JD Interest on Lawyers’ Trust Account (IOLTA) CHECKING ACCOUNT FROM JD BANK
In the course of regular business, Lawyers may need to hold funds for retainers, settlement proceeds, court-awarded damages, among other reasons. Using an IOLTA account – Interest on Lawyers’ Trust Accounts – ensures any interest earned is remitted to state bar associations, which are donated to support legal aid programs and other public service initiatives.
JD Bank’s IOLTA account give attorneys the freedom and flexibility to deposit funds while taking care of the accounts’ interest being paid to the Louisiana Bar Association.
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MONTHLY FEE | NO |
MINIMUM BALANCE | NO |
EARNS INTEREST | Earns interest, paid to Louisiana Bar Association |
WIRE FEES | No fee domestic and international wires |
Account Qualifiers:
Registered with the Louisiana Bar Association
Maintain a JD Bank commercial checking account for your firm
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