IOLA Lawyer Escrow Checking Account

Introducing Sunnyside Federal's IOLA Lawyer Escrow Account - a checking account which is designed for use by lawyers and law firms to deposit funds received from their clients’ in interest bearing accounts.

The interest earned on each IOLA account is automatically transmitted by Sunnyside Federal SLA of Irvington, to the New York State Interest on Lawyer Account Fund (the “IOLA Fund”). The interest accrued is pooled and provides money for grants made by the IOLA Fund to non-profit civil legal services across the State of New York. For additional IOLA resources, click here.

Checking Account Features:

• No minimum balance to open
• No monthly maintenance service fees
• Interest paid on all balances
• No wire transfer processing fees
• Unlimited transactions
• Digital Banking services including Mobile Check Deposit