The Interest on Lawyers’ Trust Account (IOLTA) is an interest-bearing NOW Checking Account used by attorneys to hold escrow monies for clients. All interest earned is sent to the Massachusetts IOLTA Committee to support law-related public service programs.

Why Choose IOLTA

  • Interest bearing account
  • Conforms to attorney IOLTA regulations
  • No monthly fees or minimum balance


subject to additional terms and conditions and/or fees.
The Cooperative Bank of Cape Cod is a Leadership Institution as designated by the MA IOLTA Committee.

Safety and Security. By combining FDIC primary insurance and DIF excess deposit insurance, we are able to provide our depositors full insurance on all deposits, no matter the balance.

Speak With a Small Business Specialist


IMPORTANT ACCOUNT INFORMATION FOR OUR BUSINESS CUSTOMERS: Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 are prohibited from being processed through commercial accounts as of December 1, 2009. For questions about this policy please contact a branch representative or our Customer Assistance Center at 508.568.3400.

Looking For A Different Type of Business Checking Account?

We have a variety of options, and we know we have the perfect business checking account for you.