Did you know that by banking with an Interest on Lawyers' Trust
Accounts Leadership Bank, you can help support legal aid to the
poor in our state?
Many banks participate in the state's IOLTA program, but a
select few go above and beyond to provide interest rates of at
least 1 percent on IOLTA accounts. This earns them the designation
of Leadership Bank from the Massachusetts IOLTA Committee.
The dramatic drop in interest rates, together with the prolonged
effects of the recession, have led to significantly reduced funding
through the IOLTA Program.
The MBF is grateful to those banks that have kept their interest
rates at the Leadership Level and thus, generated more funds for
civil legal aid at a time when the needs of our most vulnerable
neighbors far exceed the resources
We encourage everyone to visit the list of Leadership Banks at
www.maiolta.org and consider doing your business with an IOLTA