Prime Partner Banks
Prime Partner Banks
Prime Partner Banks are those that go above and beyond the eligibility requirements of the IOLTA rule to support the NC IOLTA program in its mission to ensure that low-income North Carolinians have access to critically needed legal aid. The Prime Partner rate is a net yield of 75% of the Federal Funds target rate or 0.75%, whichever is higher.
Benchmark Banks
Benchmark Banks are those that meet eligibility requirements by paying the higher of 65% of the Federal Funds Rate to support the NC IOLTA program in its mission.
American Bank of the Carolinas
Bank of America
Blue Ridge Bank
Encore Bank
Huntington National Bank
JP Morgan Chase
New Republic Bank
Pinnacle Bank
PNC Bank
Regions Bank
Triad Business Bank
Eligible Bank List
Click here to view the complete list of North Carolina eligible banks.
Settlement Agent Accounts
For the list of out-of-state banks approved for settlement agent accounts only, click here.