Interest on Lawyers’ Trust Account (IOLTA)

Safeguard your clients' funds in an interest-bearing account designed for law firms.

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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