IOLTA Bank on Justice


The MSBA recognizes banks that pay the highest rates on IOLTA accounts (currently a minimum of 0.5% on some accounts, including higher balance accounts) and do not charge fees on those accounts:

  • Arcadian Bank
  • Bank of America 
  • BMO Harris 
  • Community Bank Mankato
  • First National Bank North 
  • Merchants Bank
  • Wells Fargo

IOLTA revenue contributes essential funding for civil legal services and pro bono programs, which help people meet their families' basic needs for shelter, safety and health.   Watch an ABA video on the history of IOLTA.


Katy Drahos

Access to Justice Director