IOLTA Checking

Where Interest and Access is Paramount

An Interest on Lawyers Trust Account (IOLTA) is designed for law firms administering client funds. Salem Five’s IOLTA checking offers unlimited monthly transactions, no minimum balance requirements, online banking, and more. And it’s all included with no monthly fee.


Articles of Interest

Retirement
The Financial Independence, Retire Early (FIRE) Method

The Financial Independence Retire Early (FIRE) method is a lifestyle movement designed to help individuals achieve early retirement through disciplined saving ...

Retirement
2024 & 2025 Maximum IRA Contribution Limits

Individual retirement accounts, or IRAs, are popular tax-deferred, long-term investments that offer financial security during retirement ...

Retirement
2024 & 2025 Maximum 401(k) Contribution Limits

A 401(k) plan is one of the most effective ways to save for retirement. This employer-sponsored, tax-deferred retirement plan allows you to invest a portion of your ...

Money Management
What Is a Cash Management Account?

Cash management accounts, or CMAs, are cash accounts offered by wealth management, investment, and brokerage companies that provide some of the best features of ...