IOLTA Account (Interest earned is forwarded to the Georgia Bar Foundation)
This account is not a consumer account subject to Truth in Savings
Minimum amount to open the account $100.00
Monthly account service charge $8.00
Interest paid: Yes
Frequency of rate changes: At our discretion, we may change the interest rate and annual percentage yield on your account at anytime
Compounding and crediting frequency: Interest will be compounded daily. Interest will be credited to your account every month.
Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day
If you close your account before interest is credited, you will not receive the accrued interest
Account closing fee $25.00, if closed within 181 days of opening
Accrual of interest on non-cash deposits (for example, check): Interest accrues on your daily available balance
For additional fees, see Miscellaneous Fees and Charges
- For complete listing of services, rates, fees, and restrictions, please contact any customer service representative.