Interest on Lawyers' Trust Account (IOLTA)
IOLTAs are accounts developed from a program mandated by the Vermont Supreme Court. It requires lawyers or law firms to establish pooled interest-bearing accounts for client deposits. VSECU will send all interest earned to the Vermont Bar Association (VBA). This money is used to support civil legal services and justice programs for those who are unable to afford such services.
- high dividend rate
- no item and monthly fees
- dividends automatically sent to VBA
Opening an Account
If you are already a VBiz member, please print out and complete these two forms:
Business Account Card (PDF format)
Authorization Designation (PDF format)
For additional information regarding membership, please refer to the following disclosure:
Business Membership and Account Agreement (PDF)
If you are not yet a VBiz member, please click here.




