Easily Manage IOLA & IOLTA
Looking to simplify your IOLAs and IOLTAs? M&T is developing Nota, a digital tool that allows attorneys to easily organize & reconcile client funds in real-time.
An Easier Way to Manage Your IOLAs & IOLTAs
Interest on Lawyers Accounts (IOLA) and Interest on Lawyers Trust Accounts (IOLTA) are checking accounts limited to attorneys and law firms. M&T can reconcile your trust accounts into a single interest-bearing account. Interest earned, minus fees, is then forwarded by M&T to state-controlled IOLA and IOLTA funds.
Account Features
- Interest on collected balances
- Checks paid summary
- Analysis statement
Additional Services
M&T offers more products and services for attorneys and law firms. Check out our recommended banking solutions for attorneys.
New - Nota for M&T Attorney Customers{{d627*}}
M&T now offers Nota - a new digital tool focused exclusively on attorney banking.
Nota is available at no additional charge{{d626*}} to all qualified M&T attorney customers who have IOLA/IOLTA accounts along with M&T online banking for business.
With Nota, attorneys can simplify their IOLA/IOLTA management by organizing and reconciling client funds in real-time. It was designed to be intuitive and easy to use.
To find out more, schedule a 15-minute online demo today.