IOTA Interest Checking*
Convenient account for attorneys to use for client deposits (escrow accounts) and earn interest. Interest is paid to the Florida Bar Association.
- No minimum deposit required to open account
- Free Online Banking & Bill Pay
- Free CityTel 24/7 telephone banking
- Maintenance fees eligible for reimbursement by the Florida Bar Association
- Variable interest credited monthly
- Tiered Rates
*ATM and debit cards cannot be issued on this account. An operating account in the name of the law firm is required in order to charge any non-permissible service charges that the state program does not permit to be paid from the interest earned on the IOTA account, e.g. wire transfer, returned check, overdraft fees, etc.
