IOLTA Checking

Where Interest and Access is Paramount

An Interest on Lawyers Trust Account (IOLTA) is designed for law firms administering client funds. Salem Five’s IOLTA checking offers unlimited monthly transactions, no minimum balance requirements, online banking, and more. And it’s all included with no monthly fee.


Articles of Interest

Money Management
The Benefits of Personal Financial Management Tools

An add-on CD is a specific type of certificate of deposit offered by banks and credit unions that allows you to add more money to your account anytime after your initial deposit ...

Money Management
What Is an Add-On CD?

An add-on CD is a specific type of certificate of deposit offered by banks and credit unions that allows you to add more money to your account anytime after your initial deposit ...

Homeownership
Getting the Lowest Mortgage Rate

In the past several years, mortgage rates have risen from record lows to the highest in decades. High rates and high housing prices are a tough combination for potential homebuyers ...

Money Management
What Is a Cash Management Account?

Cash management accounts, or CMAs, are cash accounts offered by wealth management, investment, and brokerage companies that provide some of the best features of ...