Interest on Lawyers’ Trust Account (IOLTA)
At 7 17 Credit Union, we’re committed to helping law practices manage their client funds securely, conveniently, and affordably.An Interest on a Lawyers’ Trust Account (IOLTA) helps expand access to justice for those who need it most. By pooling interest earned on lawyer trust accounts and directing it to the state IOLTA board, these funds support vital legal aid services for low-income and underserved residents, making a meaningful impact in communities across the state.
IOLTA Benefits:
- Every dollar of interest earned supports critical funding for legal services for Ohioans who need them most
- All fees and restrictions are waived
- Check writing privileges
- 24/7 Online Banking access
- Schedule an appointment online or stop in to any of our branches
- Bring Law firm’s formation documents (partnership, sole proprietorship, etc.)
- Bring IRS EIN confirmation letter for law firm
- Bring a Government Issued Photo ID
- Visit Ohio Access to Justice Foundation enrollment form