- A Lawyer’s Trust Fund Account is an interest-bearing NOW Account designed for nominal or short- term client deposits held by lawyers in trust accounts.
- The net proceeds (interest less service charges) are remitted quarterly to the Lawyer Trust Fund of Illinois.
- There will never be a deduction for a service charge, nor will there be an interest credit to the account because LTFAs are aggregated prior to remittance.
- Balances will always reflect actual transactions.
For more information on how we will customize our programs to fit your needs, contact a Personal Banking Counselor nearest you. Banking Center Locations.
