IOLTA Checking Account

An IOLTA account is a type of checking account specifically designed for attorneys to hold client funds keeping them separate from any other business funds. 

The interest earned on these accounts is used to fund legal services for low-income individuals and families. This program ensures that even small amounts of client funds can provide access to justice for those who otherwise wouldn't be able to afford it.

UniBank is proud to be one of 22 IOLTA Leadership Institutions in Massachusetts. As an IOLTA Leadership Institution, UniBank helps attorneys maximize the benefit of their IOLTA dollars.

UniBank is committed to paying higher rates of return on IOLTA accounts to ensure legal aid for underserved residents and communities. As a Leadership and Honor Roll Institution, we go above and beyond to support IOLTA programs in their mission to deliver essential legal services.

Benefits of UniBank IOLTA Checking Accounts:

• Interest Bearing Account: Earn competitive interest rates on your IOLTA checking account funds.
• Regulation Compliance: Conforms to attorney IOLTA regulations in MA.
• No Monthly Fees: Enjoy the advantage of zero monthly maintenance fees.
• No Minimum Balance Requirements: Flexibility to manage your IOLTA checking account without balance constraints.
• Business Online Banking: Convenient online banking options tailored for your practice.