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Conforms to Attorney IOLTA Regulations
If your business is a law firm that holds client funds in escrow, Winter Hill Bank offers IOLTA accounts with no monthly maintenance or per check fees. In addition, interest will be automatically paid to the Massachusetts IOLTA Committee per statement period.
- Minimum balance to open $10
- No minimum balance
- No monthly maintenance fee
- Variable interest rate paid
- Interest earned is sent directly to the Massachusetts IOLTA Committee