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IOLTA Checking

Includes automatic membership into our special Attorney Advantage VIP Program.

We understand the unique cash flow needs of Attorneys and Law Offices. That’s why we offer IOLTA (Interest on Lawyer’s Trust Accounts)1 and other financial tools and benefits, all specifically designed for you.

The Perks

Attorney Advantage VIP Program

Get an automatic membership to this program, where you’ll get access to special VIP events, private banking service, a free checking starter kit, and more. 

Free Incoming & Outgoing Wire Transfers

Get all incoming and outgoing wires on us.

Free Checking Starter Kit

Get started with this complimentary kit, which includes checks, deposit slips and deposit endorsement stamp.

Free Remote Deposits and Mobile Deposits

Remotely scan checks with a scanner and transmit the check images to Dedham Savings through an encrypted internet connection.

1Minimum deposit of $10 required to open account and must be maintained to earn Annual Percentage Yield (APY). Free monthly transactions include Checks Paid,  ACH (Automated Clearing House) debits, ATM withdrawals, debit transactions, deposits and deposited items made at ATMs. Basic Business Checking and Business Interest Checking include 400 free transactions and .50 per transaction thereafter. Basic Business Checking has no monthly fee or balance requirements. Business Interest Checking requires $100,000 minimum daily balance to avoid $10 monthly fee. $10 minimum deposit to open Basic Business Checking and Business Interest Checking accounts. Checking Starter Kit includes first order of standard business checks, deposit slips, and deposit stamp Checking starter kit includes first order of standard business checks, deposit slips, and deposit stamp.

Learn how Dedham Savings can help your legal team manage client funds and take advantage of our VIP program’s great benefits, such as:

  • Escrow sub-accounts with clients’ TIN/EIN
  • Checking account with free monthly transactions1
  • Free Checking Starter Kit
  • Private Banking service
  • Access to special VIP events
  • Fully insured accounts up to any amount

Contact our Business Banking Team