IOLTA and IRETA Checking Accounts
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IOLTA Accounts
Interest on Lawyers’ Trust Accounts (IOLTAs) available to qualifying attorneys.
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IRETA Accounts
Interest on Real Estate Trust Accounts (IRETAs) available to qualifying real estate professionals.
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Pool Client Funds
Attorneys and real estate professionals can pool client funds in these interest-bearing accounts.
IOLTA
Coastal Community Bank offers lawyers and law firms Interest on Lawyers’ Trust Accounts (IOLTAs). With an IOLTA, legal professionals can convert pooled, non-interest trust accounts into interest-bearing accounts with the interest to be paid to the Legal Foundation of Washington to benefit civil legal aid programs in the state. Contact us or visit any local branch today to open an account.
Details
Our business IOLTA checking accounts meet Washington state requirements.
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Pool Client Funds into Interest-Bearing Accounts
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Earned Interest Paid to the Legal Foundation of Washington
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Helps Fund Civil Legal Aid Programs in Washington
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Earn Competitive Interest on Entire Balance
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Simplifies the Accounting and Disbursement of Client Funds
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Includes Online and Mobile Banking with Mobile Deposit
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$10 Monthly Service Charge Remitted Out of Available Interest Only
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$100 Minimum Deposit to Open
IRETA
Coastal Community Bank offers real estate professionals Interest on Real Estate Trust Accounts (IRETAs). An IRETA is an interest-earning account used for the deposit of pooled client funds. Interest earned on an IRETA is paid to the Washington State Department of Licensing. Contact us or visit any local branch today to open an account.
Details
Our business IRETA checking accounts meet Washington state requirements.
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Pool Client Funds into Interest-Bearing Accounts
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Earned Interest Paid to the Washington State Department of Licensing
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Earn Competitive Interest on Entire Balance
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Simplifies the Accounting and Disbursement of Client Funds
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Includes Online and Mobile Banking, with Mobile Deposit
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eStatements
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$10 Monthly Service Charge Remitted Out of Available Interest Only
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$100 Minimum Deposit to Open