Interest on Lawyers Trust Accounts Program
Attorney Participation |
Financial Institution Info
The New Hampshire Supreme Court adopted Rule 50 in 1982 to establish the Interest on Lawyers Trust Accounts (IOLTA) Program in New Hampshire. Through IOLTA, interest earned on lawyers’ trust accounts that are either too nominal or held for too short a time period to warrant establishment of a separate client account, is forwarded to the New Hampshire Bar Foundation to be used for charitable purposes. Attorney participation in IOLTA supports the statewide IOLTA Grants Program. IOLTA grants fund nonprofit organizations that provide free or reduced-fee civil legal services to our most disadvantaged residents, and/or educational programs about the law and the courts.
Currently, over forty financial institutions participate in the NH IOLTA program. Many banks and credit unions are at the Leadership and Partner levels by offering 1% to 2% on IOLTA accounts and waive routine service charges.
Please email firstname.lastname@example.org or call 603-715-3210 if you have any questions about IOLTA accounts.
Financial institutions with IOLTA Programs
Detailed Information about IOLTA
"Bellwether Community Credit Union is pleased to join the IOLTA program at the Leadership Level and to support the NH Bar Foundation. This is a new opportunity for New Hampshire credit unions and one that we were excited to establish. We look forward to a long standing partnership with the NH Bar Foundation to benefit local organizations through the IOLTA Grants Program."
–Michael A. L'Ecuyer, President/CEO, Bellwether Community Credit Union