IOLTA Checking
IOLTA Checking
Account Details
Limited to attorneys and law firms that maintain escrow funds for clients
Minimum Opening Deposit
$50.00 minimum opening deposit.
Fees
No monthly maintenance fees.
Balance
No minimum balance is required.
Monthly Transactions
Unlimited.
Interest Rates
Tiered interest rate.
MoneyPass® ATM Network
No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM).
Service charges are subject to change.
Business Banking Advantage®
Delivers powerful rewards, savings, and protection. Members gain business security and protection (including identity theft and cyber safeguards), full‑service travel rewards with MercPerks® (cash back, guaranteed low pricing, and concierge support), while also getting local and national business savings.
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