Interest on Lawyers’ Trust Account (IOLTA)

Attorneys need easy banking too. That’s why BayFirst offers an interest bearing trust account for attorneys with fiduciary responsibility over client funds.

Benefits State of Florida Bar Foundation

Easily Manage Funds

Special Reporting & Remittance

Key Features:

  • Special reporting and remittance to keep you compliant with Florida statutes
  • Unlimited check writing
  • Free imaged check bank statements
  • Free Business Online Banking
  • No per-deposit fee
  • No charge for electronic debits and credits

Quick Facts:

  • $100 minimum deposit to open
  • $500 minimum balance required to earn interest
  • No monthly maintenance fee

Take Your Banking Up a Bar

Interest earned in excess of bank service charges is paid to the State of Florida Bar Foundation. Ready to open your account? Visit your nearest BayFirst Banking Center.

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