Nevada IOLTA – Participating Financial Institutions

(Under Nevada Supreme Court Rule (SCR) 217)

Thank you to the following Nevada financial institutions who pay favorable rates on IOLTA (Interest on Lawyer Trust Accounts) which helps to provide legal services and delivers access to justice for all Nevadans.

LEADERSHIP INSTITUTIONS

These approved financial institutions pay at least 1.20% on all  IOLTA accounts under deposit:
Contact Contact  Contact Contact Contact

SUSTAINING FINANCIAL INSTITUTIONS

These approved financial institutions pay favorable rates on all accounts under deposit:
  • American First National Bank
  • Bank of America     (Currently lawyers comply only on accounts below $150,000.)
  • Bank of George
  • Bank of the West
  • BMO Harris Bank
  • Chase
  • Citibank
  • East West Bank
  • Financial Horizons Credit Union
  • First Foundation Bank
  • First Savings Bank
  • Heritage Bank
  • Kirkwood Bank of Nevada
  • Lexicon Bank
  • Mutual of Omaha
  • Nevada State Bank
  • Northern Trust Bank
  • Pacific Premier Bank (formerly Plaza Bank)
  • Plumas Bank
  • Silver State Schools Credit Union
  • Town and Country Bank
  • Umpqua Bank
  • US Bank**
  • Valley Bank of Nevada (BNLV)
  • Washington Federal

*These financial institutions pay higher rates on select accounts.

**This financial institution is no longer accepting new IOLTA accounts.

“Equal Justice Under Law” means getting people the legal help they need, not just what they can afford.

To become a participating financial institution under SCR 217 or to learn more about Leadership Institution status and recognition, email atj@nvbar.org.

Important Notice Regarding Financial Institution List

Neither the State Bar of Nevada nor the Nevada Bar Foundation has made any determination regarding the financial institutions on this list, other than the criteria established by Supreme Court Rule 217.  By creating and posting this list, neither the Nevada Bar Foundation nor the State Bar of Nevada expresses any opinion regarding the wisdom of depositing funds with a particular financial institution on the list.  No warranty, representation or guaranty as to the financial soundness, business practices, insurance coverage, if any, or other attributes of any financial institution is intended.  Each attorney should exercise reasonably prudent business judgment in selecting a financial institution from this list for the deposit of IOLTA funds.

Visit the FDIC and speak with your banker regarding FDIC coverage of trust accounts.