Interest on Lawyers’ Trust Accounts (IOLTAs)
Federally insured by NCUA
Allow our expertise to support your expertise.
A smart choice for your law firm
IOLTAs help fund the Arizona Foundation for Legal Services & Education (AZFLSE/The Foundation) and the State Bar of Arizona to promote access to justice for all Arizonans and preparing Arizona youth for civic responsibility. The Foundation works to level the playing field, so that all in Arizona have knowledge and access to the justice systems.
Why open an IOLTA?
Attorneys open IOLTAs for client funds they’re required to hold in trust, in an interest- or dividend-bearing account. Dividends are then remitted by the financial institution to the Foundation to fund the Foundation’s programs and support their mission.
Attorneys most commonly store two types of funds in IOLTAs:
- Client payments for services not yet performed
- Money which may be owed to a third party, such as a medical provider
Combine client funds into a single account.
- No minimum opening deposit
- No minimum balance requirement
- No monthly fee with eStatements
- Competitive dividend rate; dividends paid and remitted monthly to AZFLSE
- Unlimited monthly activity
- Online Banking available
Who can open an IOLTA?
Law firms operating in these geographic areas:
- Pima, Pinal, Cochise or Maricopa Counties
- Gila River Indian Community Reservation
- Arizona’s “Copper Basin” Area
How do I open an IOLTA?
Make an appointment at one of our conveniently located branches to speak with a Relationship Banker and open an account.
Current IOLTA Rates:
Current IOLTA Rates:
2.15% Annual Percentage Yield
Accurate as of 12/12/2025
Vantage West is approved through the AZFLSE as a Certified Financial Institution to offer IOLTAs.
Disclosures
Vantage West does not answer legal questions regarding IOLTAs. For inquiries on Arizona IOLTA rules and laws, please contact the State Bar of AZ or the AZ Foundation for Legal Services & Education. Some products and services are subject to approval. Certain restrictions may apply.