Attorney Solutions

Ponce De Leon Federal Bank offers both the IOLA and IOLTA Attorney Trust Accounts to better serve the needs of our legal professionals.

IOLA

Interest on Lawyers' Account

The Interest on Lawyers’ Account program was established for attorneys who hold funds in escrow accounts. The interest earned on the accounts is paid directly to the Interest on Lawyers’ Accounts Fund created by the New York Legislature.

IOLTA

Interest on Lawyers' Trust Account

The Interest on the Lawyers’ Trust Account program was created under the rules of the New Jersey Supreme Court. The interest earned on the account is awarded to Legal Services of New Jersey.

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