Attorney and Law Firm Banking
Managing a law practice in South Florida requires precision, especially when it comes to the complexities of client fund accounting.
At University Credit Union, we understand that maintaining an Interest on Lawyer Trust Account (IOTA) isn't just a business necessity, it’s a professional responsibility that demands a reliable financial partner. Whether you are a solo practitioner or part of a large firm, we provide the specialized, compliant tools you need to manage your escrow funds with absolute confidence.
Our IOTA accounts are designed to simplify your firm’s workflow while meeting all Florida Bar requirements. We handle the heavy lifting by automatically remitting interest to the Florida Bar Foundation, allowing you to focus on advocating for your clients. With University Credit Union, you get the efficiency of modern online banking combined with personalized, trustworthy service. With 24/7 account access, we are here to ensure your practice stays organized, compliant, and ready to grow.
Seamless IOTA Compliance & Trust Accounting
Simplify the complexities of client fund management with our specialized IOTA accounts. We handle the administrative heavy lifting by ensuring the direct, automated remittance of interest to the Florida Bar Foundation, Inc., keeping your practice fully compliant with state regulations. With our streamlined reporting and dedicated support, you can spend less time on accounting and more time focusing on your clients’ cases.
Optimize Cash Flow & Modernize Payments
Managing a law firm’s receivables shouldn't be a trial. We provide a suite of high-efficiency tools, from Remote Deposit Capture that lets you deposit checks from your desk to advanced Online Bill Pay, designed to keep your funds moving. Securely accept client payments and manage firm expenses through our integrated platform, ensuring your practice stays agile, organized, and financially healthy.
Flexible Access & Personal Service
We know the legal world doesn't always operate on a 9-to-5 schedule. Whether you need to visit one of our local branches or manage your firm's finances at midnight, we are here for you. Enjoy the best of both worlds with 24/7 Secure Online & Mobile Banking for instant oversight, paired with convenient branch accessibility for when you need that personal, face-to-face touch.