IOLTA & Attorney Accounts
IOLTA Account
Leader Bank is pleased to participate in the Massachusetts IOLTA (Interest on Lawyers' Trust Accounts) program. Our IOLTA program enables lawyers and law firms to establish interest-bearing accounts for client deposits which are nominal in amount or expected to be short term.

Features:

  • Interest bearing account.
  • Interest income is transmitted monthly.
  • No monthly service charge or per check fees.

Attorney Account

We understand the demands of your profession and have designed an account specifically tailored for attorneys. We look forward to working with you to help you meet the needs of your business as well as your clients.

 

Features:

Remote Deposit Scanner
Skip the trip to the bank - scan and deposit checks directly from your office!

e-Alerts
Our customizable eAlert system will email you whenever there are deposits or withdrawals on your accounts.
Online Wire Transfers
Enjoy free incoming and outgoing domestic wire transfers from IOLTA Accounts.
ACH Origination
Increase your business’s efficiency by receiving direct deposits and making direct payments and quick, easy transfers.
Line of Credit up to $50,000
Working capital lines of credit are available for your business to provide cash flow for short term needs and to finance inventory and accounts receivable.
Positive Pay
Positive Pay automatically detects checks that could be considered fraudulent and sends notification to the issuer.
Business Checking
Our Business Checking Account has no monthly charge or service fee, no minimum balance, and a free first order of checks.
Business Money Market
This tiered account has a higher minimum balance and offers higher interest rates. Access funds through use of limited number of checks per month or telephone transfers.
Multiple Debit Cards
Keep your company finances in one clear, concise statement with multiple debit cards linked to one account.
Advanced Online Banking
Log on to our website to manage your account anytime, anywhere. Add multiple users at no extra cost with customizible access levels for partners, clerks, and bookkeepers.
Dedicated Support Team
Our Business Banking Officers as well as branch personnel are ready to help with all of your financial needs.
 
   Member FDIC. Equal Housing Lender. Copyright © 2010 Leader Bank, N.A. All rights reserved.