Lawyers' Trust Account
| This account is designed for: |
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In Illinois, Indiana, and Wisconsin, the Lawyers' Trust Account (IOLTA) provides
the benefit of interest on checking for attorneys who handle clients' funds.
In Illinois, interest is paid to the Lawyers' Trust Fund of Illinois. In Indiana,
interest is paid to the Indiana Bar Foundation. In Wisconsin, interest is
paid to the Wisconsin Trust Account Foundation. |
| Highlights and Benefits: |
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Personalized checks |
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Direct Deposit available |
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Detailed monthly statements |
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Overdraft protection available (with credit approval) |
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Access to your account by phone or online, day or night |
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Check-Safekeeping available |
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| Minimum opening deposit |
$100 |
| Monthly maintenance fee |
$15 |
| Balance required to avoid monthly maintenance fee1 |
$3,000 |
| Transaction fees per monthly cycle2 |
Not applicable. |
| Interest information3 |
Variable rate of interest, compounded daily and credited monthly. |
How to Apply:
Visit your local Harris office.
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