|
Solutions |
Benefits to you and
your firm |
Advantages |
|
Express Escrow |
- Centralized escrow function to
efficiently
manage client funds
- Simplifies accounting
procedures
- Comprehensive reporting
features
|
- Separate sub-accounts are
created for each client account and are associated with a single
Master control account.
- Allows an unlimited number of
client accounts per Master account
- Once the Master Account has been
established, client sub-accounts can be conveniently opened
safely and securely online by
clicking
here.
- Funds can be easily
transferred from the sub-accounts to the Master account.
- Additional accounts can be
added remotely to improve office operating efficiencies.
- Year-end 1099s are prepared
for each individual escrow holder.
- No maintenance fees are
charged for client sub-accounts.
|
Commercial Checking
For Attorneys with moderate to high transaction volumes |
- Eligible for cash management
sweep account
- Imaged checks included with
monthly statements
|
- Waive monthly fee for 12
months
|
Cash Management Services:
Sweep, ACH,
Wire Transfers, Lockbox, Positive Pay, and ZBA |
- Services to help your practice
make or receive payments, manage cash and receive monthly
financial reporting
- Web-based accounting functions
to ensure steady cash flow
|
- Waive set-up fee for
BusinessLink
- Waive monthly fee for
BusinessLink for 3 months
- Free ZBA
|
Business Money Market
Maximize returns on savings and meet short-term
investment needs |
- Tiered interest rates to
maximize your earnings
- Monthly statement of activity
- Allows check writing
- Interest paid monthly
|
- Waive monthly fee for 12 months
- First order of checks free
|
Express Deposit
Electronic check clearing
banking system |
- Deposit payments without
leaving your office
- Increase operational
efficiency
- Increase cash flow
|
- Waive set-up fee
- Waive monthly fee for three
months
|
Business Overdraft Protection
|
- Protect your commercial
checking account against costly overdraft charges and fees
|
· Competitive interest rates |
IOLTA
Interest on Lawyers Trust Funds Accounts |
- No minimum balance
- No monthly fee
- No transaction charges
- Interest paid quarterly
|
·
Interest accumulated is automatically
remitted to Connecticut Bar Foundation |
