An Interest on Lawyers’ Trust Account (IOLTA) is a separate trust account designed for law firms to hold their clients’ funds.

Support our local justice system with an IOLTA

When law firms are required to hold clients’ funds, they are placed in a trust account separate from the law firm’s funds. These firms can combine these client funds into a pooled, interest-bearing account called an Interest on Lawyers’ Trust Account (IOLTA).

The interest earned on IOLTA funds is combined and distributed (in Oregon by the Oregon Law Foundation and in Washington by the Legal Foundation of Washington) to support improving the justice system and provide civil legal aid to low-income individuals who cannot afford legal services and assistance. In Oregon, it is also used to promote diversity in the legal profession and educate the public about the law. In 2022, OnPoint’s IOLTA interest payments to law foundations totaled $132,000!

IOLTA Checking
as high as

OnPoint is proud to offer law firms IOLTA Checking accounts with great benefits.

Some additional benefits of an IOLTA for law firms:

No membership fees, monthly fees, or annual fees

Interest earned helps provide legal aid to low income individuals

OnPoint IOLTA Checking accounts are NCUA insured

IOLTA Checking
IOLTA Checking

Deposit amount

Interest rate

Annual percentage yield (APY)1

Rates Effective: 06-14-2024

1   Annual percentage yield subject to change.

2 Interest earned is sent to the applicable state’s legal foundation, as required by law.
All interest is credited monthly.

Deposit amount

$0.00 and higher

Interest rate


Annual percentage yield (APY)1


Supporting tomorrow, today.

A sound and equitable justice system is critical to a strong community, and we’re excited to work together to support this cause while supporting your business. Discover the benefits of IOLTA checking with a $0 minimum balance to open an account.

Submit a membership request, contact us at 800.527.3932, or visit your local branch to get started.


Stop by an OnPoint branch.

Find a local branch

Join a community, not a bank. People are the Point.

Get started today

Note: Email should not be used to share important or sensitive information.

The security and privacy of your information is important to us. When communicating with us via email please do not send any information that is considered confidential or sensitive in nature. If you need to communicate any personal information (account numbers, social security number, etc.) please feel free to call the number listed in my profile or contact OnPoint Member Services at 503.228.7077 or 800.527.3932.



You are leaving OnPoint Community Credit Union.

The website you are about to visit is the responsibility of the party providing the site. Any transactions you enter into through this third-party site are solely between you and that vendor, merchant or other party. OnPoint’s Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of this site.



Cancel Accept