IOLTA at Partners Bank
IOLTA, which stands for "Interest on Lawyers Trust Account," is a program that brought together Maine's private Bar members and participating Maine banks in an innovative partnership devoted to the public good in 1987.
By paying a premium interest rate on lawyers' client funds held in trust, Partners Bank plays a vital role in helping to enhance access to civil justice for Maine's low-income, elderly, and socially vulnerable citizens.
If you're an attorney looking to open an IOLTA checking account, Partners Bank offers a dedicated solution designed specifically for participation in Maine's IOLTA program.
FOR MAINE ATTORNEYS
A Dedicated IOLTA Bank Account for Maine Attorneys
IOLTA, which stands for "Interest on Lawyers Trust Account," is a program that brought together Maine's private Bar members and participating Maine banks in an innovative partnership devoted to the public good in 1987.
By paying a premium interest rate on lawyers' client funds held in trust, Partners Bank plays a vital role in helping to enhance access to civil justice for Maine's low-income, elderly, and socially vulnerable citizens.
If you're an attorney looking to open an IOLTA checking account, Partners Bank offers a dedicated solution designed specifically for participation in Maine's IOLTA program.
BUILT FOR THE PROGRAM
Designed for Attorneys Participating in Maine's IOLTA Program
Attorneys who wish to participate and receive a Partners Bank no minimum balance, no service charge IOLTA checking account should reach out for more information.
This IOLTA bank account is structured to meet the needs of Maine attorneys holding client funds in trust, while supporting the broader public interest mission of the program.
Partners Bank works directly with participating attorneys and firms throughout Maine.
Explore Banking for Law Firms and Attorneys
Explore Banking for Law Firms and Attorneys
Find a Branch Near You
ACCOUNT FEATURES
What's Unique About IOLTA Checking?
Partners Bank IOLTA checking accounts are structured specifically for attorneys participating in Maine's IOLTA program.
Eligibility
Attorneys participating in Maine's IOLTA program.
No Minimum Balance
No minimum balance required to maintain the account.
No Service Charges
No service charges for participating Maine attorneys.
Client Funds Held in Trust
Structured to hold client funds in trust under program rules.
QUESTIONS
Frequently Asked Questions
