Our Interest on Trust Accounts, more commonly known as IOTAs, are a special type of Business Interest Checking Account available only to attorneys and law firms for their clients’ short-term trust funds.  Interest is paid to the Florida Bar Foundation.

IOTA accounts earn higher rate of interest on clients’ trust accounts with checking account access.

The Benefits Begin, Right From The Start.
	No minimum opening deposit required.

Extra Earnings
	Earn tiered interest: The higher the balance the higher the rate

Convenience, Access and Savings
	FREE 24-hr Telephone Banking
	FREE Online Banking
	Online Cash Management services available
	FREE eStatements

Saftey and Peace of Mind
	FDIC Insured*

* On July 21, 2010, FDIC deposit insurance permanently increased from $100,000 to $250,000 per depositor.

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Trust Accounts ("IOTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts.