IOLTA Checking
If you’re a lawyer that’s been entrusted to manage a client’s trust account, this account will provide just what you need, while allowing the balance to earn interest.
- Tiered interest
- Unlimited transactional items per month
- Online banking
- Online bill pay
- Image e-statements
- Debit card
- Interest tiers include:
- $0 - 2,499
- $2,500 - 9,999
- $10,000 - 49,999
- $50,000 -99,999
- $100,000 - 249,999
- $250,000 or more
Sumner Bank and Trust pays interest rate on full balances that corresponds to the applicable deposit tier.