Interest On Lawyer's Trust Account (IOLTA)
Designed to comply with North Carolina State
Bar guidelines. Participating attorneys
authorize us to forward the interest earned on this account
directly to the Board of Trustees of the IOLTA plan. Interest
earnings are based on the following tiered rate structure:
Interest
is earned on the collected balance less reserves.
Rates are subject to change daily, however,
rates are currently reviewed weekly. |
| $ .01
- $ 99,999.99 |
| $ 100,000.00 - $ 249,999.99 |
| $ 250,000.00 - and above |
|
|
Benefits:
- Monthly Maintenance Fee: No Charge
- Required to open an account: $100
- ** Other bank surcharges
may apply
About Us:
We are committed to delivering quality products
and services and adhering to a high standard of customer
care. Our Account Executives would be happy to assist you
and discuss your options.
When you do business with Bank of Stanly
your money provides capital for local businesses, creates
local jobs and improves the quality of life for families.
We want what’s best for our communities, friends and
neighbors … together we are Making a Difference.
| (704)
983-6181 | (1-800)
438-6864 | Locations |
|
