Skip to content

Available exclusively to lawyers, an Interest on Lawyers Trust Account (IOLTA) simplifies account management and generates funds to provide legal services to those in need.

Key Features

  • Free Digital Banking
  • Cash Management Available
  • Generate funds to provide civil legal services for the poor
  • Available at no cost to you, your clients, or the public
  • Nominal interest is pooled to fund these services
  • No minimum balance to earn interest
  • Interest is paid to Tennessee Bar Foundation (TBF)
  • Low $5 monthly service fee is automatically deducted from interest paid to the account
    • If interest is less than $5, the service fee will equal the amount of interest
  • Free digital banking, including:
    • Online banking & bill pay
    • Mobile banking with mobile deposit
    • eStatements
  • Cash management available
  • FDIC insured
  • $100 minimum deposit to open