homeabout MLSC board & staff awards annual report

Maryland Legal Services Corporation

  jobs legal services directory News & Events links contact us
MD flag





By participating in the IOLTA Honor Roll, financial institutions and attorneys help support the provision of critically needed legal aid to those Marylanders unable to afford such services.

Maryland IOLTA Honor Roll


The Maryland Court of Appeals has amended the Maryland Rules of Procedure 16-610, effective April 1, 2008, to ensure that financial institutions that participate in the IOLTA program pay interest rates on IOLTA deposits comparable to other similarly situated accounts.

The Maryland Legal Services Corporation (MLSC) and Maryland State Bar Association (MSBA) applaud financial institution Honor Roll members for going above and beyond the requirements of the revised Maryland rule to foster the IOLTA program in its mission to ensure that low-income Marylanders have access to critically needed legal aid.

We welcome the following Honor Roll members that have agreed to pay a net yield of 65 percent or more of the federal funds target rate on IOLTA deposits. For all IOLTA-approved institutions, see the link below the Honor Roll list.


You may also download a printable list of Honor Roll Members.

HONOR ROLL MEMBERS

FINANCIAL INSTITUTION LOCATION
Adams National Bank - web link Washington, DC & Montgomery County
American Bank - web link Howard & Montgomery Counties
Baltimore County Savings Bank - web link Baltimore City; Baltimore, Harford & Howard Counties
Bay National Bank - web link Baltimore & Wicomico Counties
Bradford Bank - web link Baltimore City, Baltimore & Howard Counties
Business Bank - web link Northern Virginia
Capital Bank Washington, DC & Montgomery County
Chevy Chase Bank - web link Statewide, Washington, DC & Virginia
Citibank, N.A. Baltimore City, Anne Arundel, Baltimore, Montgomery, & Prince George's Counties, & Washington, DC & Virginia
ColomboBank - web link Baltimore City, Montgomery County & Washington, DC
First Shore Federal - web link Wicomico & Worcester Counties
Harbor Bank of Maryland - web link Baltimore City; Baltimore & Prince George's Counties
Howard Bank - web link Howard County
K Bank - web link Anne Arundel, Baltimore, Carroll, Harford & Howard Counties
NBRS Financial - web link Cecil & Harford Counties
Provident State Bank Caroline, Dorchester & Talbot Counties
Sandy Spring Bank - web link Anne Arundel, Frederick, Howard, Montgomery & Prince George's Counties
Susquehanna Bank - web link Baltimore City, Anne Arundel, Allegany, Baltimore, Carroll, Garrett, Harford, Howard, Washington & Worcester Counties
Vigilant Federal Savings Bank - web link Baltimore County

ALL APPROVED IOLTA INSTITUTIONS IN MARYLAND
A list of all financial institutions currently approved to hold IOLTA deposits pursuant to the revised Rule (Maryland Rules of Procedure 16-610), effective April 1, 2008, are provided here. This list will be updated as additional financial institutions are approved.

For more information on IOLTA interest rates, specific bank locations, and the Honor Roll program, contact MLSC at 410.576.9494 or 1.800.492.1340. Financial institutions may use the Honor Roll Enrollment Form to enroll in the Honor Roll program. Honor roll banks that wish to have web links from the MLSC web site should send link information to info@mlsc.org.

Tel.410.576.9494 | Fax.410.385.1831 | info@mlsc.org