Interest On Lawyer Trust Account
IOLTA - Interest On Lawyer Trust Account
One Credit Union supports our Vermont and New Hampshire Bar Foundations by donating the interest accrued on the escrowed funds attorneys need to hold during transactions.
These donated funds are then used to provide legal services to those who do not have funds for a lawyer. As checking accounts (albeit specialized), all transactional activity is easily downloaded to popular formats like Quicken and Quick Books – keeping the accountants happy and saving valuable time.