IOLA Lawyer Escrow Account

  • No minimum balance to open
  • No monthly maintenance service fees or wire transfer processing fees
  • Unlimited transactions
  • Digital Banking, including mobile deposit
  • Cash Management Services
  • Personal banker to manage your relationship

Establish your client trust fund through Sunnyside Federal

Proudly serving New York's legal community

An IOLA is a checking account which is designed for use by lawyers and law firms to deposit funds received from their clients in interest-bearing accounts. The interest earned on each IOLA account is automatically transmitted by Sunnyside Federal SLA of Irvington, to the New York State Interest on Lawyer Account Fund (the “IOLA Fund”). The interest accrued is pooled and provides money for grants made by the IOLA Fund to non-profit civil legal services across the State of New York.

Sunnyside Federal: Your premier full-service bank in New York, proudly serving the Rivertowns of Westchester County, including Irvington, Hastings, Dobbs Ferry, Ardsley-on-Hudson, Tarrytown, Sleepy Hollow and beyond.

Sunnyside is a stable, friendly, cooperative, community-oriented bank.

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