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IOLTA Checking

IOLTA Checking

Account Details

Limited to Michigan law firms supporting the Michigan State Bar foundation. This account is only available in relationship with law firm’s primary operating account.

Balance Requirement

No minimum balance requirement or monthly maintenance fee.

Transaction Allowance

Unlimited monthly transaction allowance.

Interest Rates

Competitive tiered interest rate.

Service charges are subject to change at any time.

Key Features and Benefits

  • Available to law firms that maintain primary banking relationship with Mercantile Bank.

  • Online access to balance, transaction and statement information. 

Enhance this account with additional business services from Mercantile.

BBA MercPerks Travel Plane

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.

Learn More