IOLA (Interest on Lawyer Account)

	Accounts are opened by attorneys for the benefit of their clients who have funds to be held in trust
	A low minimum opening balance of $100
	We pay interest monthly at variable interest rates, calculated daily on a 365-day basis, when the minimum balance is maintained
	No service charge and no minimum account balance
	No handling fee for remittance of interest paid to the State of New York
	Unlimited FDIC insurance coverage.**
**	PLEASE SEE NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS