IOTA for business banking clients

The Interest on Trust Accounts (IOTA) program is a charitable tool that funnels pooled client trust dividends to the Florida State Bar Foundation – financing legal assistance for the poor, improvements in the Administration of Justice, and law student assistance. Available to Florida businesses only.

Our IOTA program is another of the many ways LMCU compounds the interests of businesses and the communities they serve.

LMCU’s Commercial Banking arm is your gateway to benefits that spread far and wide… a single place to turn to for the products and services essential to your success and growth.

For more information about the benefits of LMCU Business Banking and new IOTA eligibility, click here to contact us.


Features

  • Free monthly eStatements delivered to the parent law firm
  • Night deposit and stop payments services available
  • NCUA insured
  • Free online banking and phone banking* service
  • Earns interest

Rates

Earn up to
0.20%APY**

Compare Rates

Account DIVIDEND RATE (INTEREST) APY**
IOLTA/IOTA - $1 - $2,499
0.00%
0.00%
IOLTA/IOTA - $2,500 - $4,999
0.15%
0.15%
IOLTA/IOTA - $5,000 - $24,999
0.15%
0.15%
IOLTA/IOTA - 25,000+
0.20%
0.20%

*Your carrier's standard data and text message rates may apply. **APY = Annual Percentage Yield. Rates as of 12/08/22. Fees may reduce earnings. Rates are subject to change after account opening. Some requirements apply. $5 minimum to open a membership.


Email Us

* Required Fields