IOLA & IOLTA
Looking to simplify your IOLAs and IOLTAs? M&T can consolidate your interest-bearing trusts into a single account. To learn more, call 1-800-724-6070 or visit a branch.
An Easier Way to Manage Your IOLAs & IOLTAs
Interest on Lawyers Accounts (IOLA) and Interest on Lawyers Trust Accounts (IOLTA) are checking accounts limited to attorneys and law firms. M&T can reconcile your trust accounts into a single interest-bearing account. Interest earned, minus fees, is then forwarded by M&T to state-controlled IOLA and IOLTA funds.
- Interest on collected balances
- Checks paid summary
- Analysis statement
M&T offers more products and services for attorneys and law firms. Check out our recommended banking solutions for attorneys.