Maximize Your Impact with an IOLTA Account
Supporting Legal Aid While Managing Your Trust Account
What is an IOLTA Account?
An Interest on Lawyers' Trust Account (IOLTA) is a specialized business checking account designed for law firms and attorneys to hold client funds securely. The interest earned on these accounts is automatically remitted to state legal aid foundations, helping to ensure equal access to justice.
At Farmers Bank & Trust, we proudly participate in both the Texas Prime Partner Program and the Arkansas Preferred Bank Program, ensuring that our IOLTA account holders contribute directly to legal aid initiatives in their states.
IOLTA Rates
We offer highly competitive interest rates on our IOLTA accounts, maximizing contributions to legal aid programs:
📌 IOLTA Arkansas Checking – 2.88% APY | 2.85% Interest Rate
📌 IOLTA Oklahoma Checking – 2.88% APY | 2.85% Interest Rate
📌 IOLTA Texas Checking – 3.42% APY | 3.38% Interest Rate
No Minimum Balance Required – Get started with no minimum deposit!
Why Choose an IOLTA Account with Farmers Bank & Trust?
Choosing an IOLTA account with Farmers Bank & Trust ensures a seamless, state bar-compliant banking experience for attorneys and law firms. We waive all monthly maintenance fees, making it easy and cost-effective to manage client funds. With automatic interest transfers, your account directly supports legal aid foundations without any extra effort. As a trusted community bank, we are committed to serving attorneys with integrity, reliability, and personalized service.
Visit your local branch to get started today! Find a location near you HERE.