Account Details

$100 Initial Deposit.

No minimum balance requirement.

$20 monthly maintenance fee (included in analysis).

Additional analysis charges are located on the Business Schedule of Fees.

Offers an Earnings Credit to help offset fees accumulated throughout the month.

Choose from three types of Analysis Configuration:

Individual: Each account is analyzed separately. An individual statement is produced for each account.

Combined: All accounts within the group are analyzed individually. The profit/loss amount for each account is then combined to determine the final profit/loss for the group. The group leader is used to determine how any charges will be applied for the group and also the name and address to be printed on the statement. Individual breakdown statements can be printed along with the combined statement.

Consolidated: All account balances and transaction counters are consolidated and totaled before the analysis is performed. The group leader is used to determine how any charges will be applied for the group and also the name and address to be printed on the statement. Individual item counts are included in the consolidated statement. But because each account is not analyzed individually, the profit/loss amounts are only available for the group leader.

$100 Initial Deposit.

$1,500 average collected daily balance requirement (to avoid monthly maintenance fee).

$15 monthly maintenance fee (if balance requirement is not met).

Earns a tiered rate of interest.

Only Available to Sole Proprietors and Non-Profit Organizations.

$100 Initial Deposit.

No minimum balance requirement.

No monthly maintenance fee.

Earns a flat rate of interest that is remitted to the respective state bar on a monthly basis.

A separate operating account is required for any fees incurred the the IOLTA Checking.

Available to Virginia, Maryland, and DC based attorneys.

$100 Initial Deposit.

No minimum balance requirement.

No monthly maintenance fee.

Earns a flat rate of interest that is remitted to the Maryland Affordable Housing Trust on a monthly basis.

A separate operating account is required for any fees incurred the the MAHT Checking.

$100 Initial Deposit.

No minimum balance requirement.

$20 monthly maintenance fee (included in analysis).

Additional analysis charges are located on the Business Schedule of Fees.

Offers an Earnings Credit to help offset fees accumulated throughout the month.

Earns a flat rate of interest.

Choose from three types of Analysis Configuration:

Individual: Each account is analyzed separately. An individual statement is produced for each account.

Combined:  All accounts within the group are analyzed individually. The profit/loss amount for each account is then combined to determine the final profit/loss for the group. The group leader is used to determine how any charges will be applied for the group and also the name and address to be printed on the statement. Individual breakdown statements can be printed along with the combined statement.

Consolidated: All account balances and transaction counters are consolidated and totaled before the analysis is performed. The group leader is used to determine how any charges will be applied for the group and also the name and address to be printed on the statement. Individual item counts are included in the consolidated statement. But because each account is not analyzed individually, the profit/loss amounts are only available for the group leader.

No minimum balance requirement.

No monthly maintenance fee.

Earns a flat rate of interest.

Multi-million-dollar FDIC insurance coverage.

Ability to “exempt” banks for which deposits should not be placed. If a customer already has deposits with a particular institution, that bank can be listed in the Placement Agreement as an “insured institution at which they do not want to make a deposit.” This will prevent funds over the FDIC limit at any one bank.

Convenience of managing multiple accounts through a single relationship.

Offers a consolidated 1099 that reports all of the taxable income.

$50 Initial Deposit.

No minimum balance requirement.

No monthly maintenance fee.

Earns a tiered rate of interest.

$50 Initial Deposit.

$2,500 average collected daily balance requirement (to avoid monthly maintenance fee).

$25 monthly maintenance fee (if balance requirement is not met).

Earns a tiered rate of interest.

$2,500 Initial Deposit.

$2,500 average collected daily balance requirement (to avoid monthly maintenance fee).

$25 monthly maintenance fee (if balance requirement is not met).

Earns a tiered rate of interest.

No minimum balance requirement.

No monthly maintenance fee.

Earns a flat rate of interest.

Multi-million-dollar FDIC insurance coverage.

Ability to “exempt” banks for which deposits should not be placed. If a customer already has deposits with a particular institution, that bank can be listed in the Placement Agreement as an “insured institution at which they do not want to make a deposit.” This will prevent funds over the FDIC limit at any one bank.

Convenience of managing multiple accounts through a single relationship.

Offers a consolidated 1099 that reports all of the taxable income.