Pegasus Bank
  • Home
  • Personal
  • Business
  • Online Services
  • Treasury Management


IOLTA - Interest On Lawyer's Trust Account

An account to fulfill the requirement for attorneys and law firms to comply with the comprehensive IOLTA Program effective July 1, 1989. Under this program, client funds which are nominal in amount or held for a short time must be placed in an interest-bearing trust account with the interest earned paid to the Texas Access to Justice Foundation.

  • Interest is reported & remitted to the Foundation
  • No minimum balance or transaction fees
  • Minimum average daily balance of $2,500 required to accrue interest

Sign On to Additional Services
FDIC Equal Housing Lender
About Us  |  Contact Us  |  Lost/Stolen Debit Cards  |  Privacy  |  Site Map