BANKING BY INDUSTRY

Banking Solutions for Law Firms at Partners Bank

Attorneys and law firms need banking services that support trust account management, secure deposits, and efficient financial operations. Partners Bank works with legal professionals across Maine and New Hampshire to provide banking tools that help law firms manage funds while focusing on client work.

From IOLTA checking accounts to remote deposit capture and online cash management, our banking solutions help attorneys streamline financial processes and maintain oversight of firm accounts. For firms searching for the best banks for law firms, Partners Bank offers specialized services designed to support the financial needs of legal practices.

GET STARTED

Get Started with Banking Solutions for Your Law Firm

Partners Bank offers several banking tools designed to help attorneys manage client funds, deposits, and firm payments efficiently. Whether your firm needs an IOLTA account, faster deposit solutions, or secure payment management tools, our team can help you choose the right services.

Our commercial banking team works closely with law firms to understand their operational needs and recommend solutions that simplify financial management.

Meet the Commercial Banking Team

KEY FEATURES

Key Features for Law Firms

Partners Bank provides several services that help law firms manage financial operations efficiently.

IOLTA Checking Accounts

Partners Bank offers IOLTA checking accounts designed for attorneys who maintain client trust accounts. Interest earned on these accounts is contributed to the Maine Justice Foundation and the New Hampshire Bar Foundation to support access to civil justice for vulnerable populations.

Remote Deposit Capture

Remote Deposit Capture allows law firms to deposit checks without leaving the office. A secure desktop scanner connects to your computer and allows checks to be scanned and deposited electronically.

This helps law firms:

Deposit checks from the office

Reduce trips to the bank

Perform account research when needed

Online Cash Management with ACH Origination

Partners Bank's online Cash Management tools allow law firms to manage payments and account activity securely.

With these tools, firms can:

Assign employee account access rights

Review account activity online

Originate payroll direct deposits

Upload ACH files or create them through Partners software

Initiate wire transfers

ADDITIONAL TOOLS

Explore Additional Business Banking Tools

QUESTIONS

Frequently Asked Questions

An IOLTA (Interest on Lawyers Trust Account) is used by attorneys to hold client funds in trust. Interest earned on these accounts is contributed to organizations such as the Maine Justice Foundation and the New Hampshire Bar Foundation to support access to civil justice.

Yes. Partners Bank offers Remote Deposit Capture, which allows firms to scan checks and submit deposits electronically from their office.

Partners Bank offers online Cash Management services that allow firms to manage accounts, initiate ACH transactions, originate payroll deposits, and initiate wire transfers.

Yes. Attorneys typically use IOLTA accounts to hold client trust funds separately from firm operating accounts.