Important Notice to Massachusetts Attorneys:

 

Pursuant to a July 26, 2006 Supreme Judicial Court Order, attorneys may only hold IOLTA deposits in financial institutions that have been certified by the IOLTA Committee to be in compliance with the revised IOLTA Guidelines. As of January 1, 2007, all attorneys must insure their IOLTA funds are held in certified financial institutions.

 

The institutions appearing below have been certified by the IOLTA Committee, and are thus eligible to hold IOLTA deposits. Additionally, Leadership Banks are recognized for their exceptional IOLTA policies and pay at least the “Safe Harbor  interest rate and charge no fees to IOLTA. Platinum Leadership banks have maintained their Leadership status for two years or longer. Please consider Leadership and Platinum Leadership financial institutions for your IOLTA deposits and other banking needs. A link to the financial institution website when available is provided for this purpose.

 

Updated:  April 15, 2008

 

 

 

Leadership Banks

Adams Cooperative Bank


Hampden Bank

Athol Savings Bank

Avidia Bank

Bank of America

Bank of Cape Cod

Institution for Savings in Newburyport

Lee Bank

Legacy Banks

Lenox National Bank

Leominster Credit Union

Luzo Community Bank

Marlborough Co-Operative Bank

Martha’s Vineyard Savings Bank

Meetinghouse Bank

Mellon Trust of New England

Monadnock Community Bank

Monson Savings Bank
New Alliance Bank

Needham Bank

Newburyport Five Cents Savings Bank

North Brookfield Savings Bank

North Cambridge Co-Operative Bank

North Middlesex Savings Bank

North Shore Bank

Northern Bank & Trust Company

PeoplesBank

Randolph Savings Bank

Reading Co-Operative Bank

Rockland Trust Company
Rollstone Bank & Trust

Salem Five Cents Savings Bank

Sharon Credit Union

South Adams Savings Bank

Southbridge Savings Bank

Sovereign Bank

St. Jeans Credit Union

TD Banknorth
Village Bank

Wainwright Bank & Trust Company

Wakefield Co-Operative Bank

Walpole Co-Operative Bank

Webster Bank

Webster First Federal C.U.

Wellesley Bank

Westfield Bank

Weymouth Bank

Bank of Fall River

Bank of New England

Barre Savings Bank

Bay State Savings Bank

Benjamin Franklin Bank

Berkshire Bank

Beverly Co-Operative Bank

Beverly National Bank

Brookline Bank

Cambridge Savings Bank

Cape Cod Cooperative Bank

Cape Cod Five Cents Savings Bank

Cathay Bank

Central Bank

Century Bank

Chelsea-Provident Co-Operative Bank

Chicopee Savings Bank

Citibank

Citizens Bank

Citizens-Union Savings Bank

Commerce Bank and Trust

Commonwealth National Bank

Crescent Credit Union

Danversbank

Dean Co-Operative Bank

Eagle Bank

Edgartown National Bank

Enterprise Bank

Equitable Co-Operative Bank

Everett Co-Operative Bank
Family First Bank
First Horizon Bank

First National Bank of Ipswich

First Trade Union Bank

First Republic Bank

Framingham Co-Operative Bank

 

 

 

Banks that are underlined have an active web link.

 

† The Safe Harbor Interest Rate is 1.24% as of April 1, 2008.

 

All Other Approved Institutions

 

 

Avon Co-Operative Bank

Bank Five

Bank of Canton

Melrose Cooperative Bank
Mercantile Bank & Trust Co.

Methuen Co-Operative Bank

Middlesex Savings Bank

Milford Federal Savings & Loan Assoc.

Milford National Bank

Millbury Federal Credit Union

Mt. Washington Co-Operative Bank

Mutual Bank

Nantucket Bank

Natick Federal Savings Bank

National Grand Bank

Nations Heritage Federal Credit Union

North Abington Cooperative Bank

North Easton Savings Bank

Northampton Co-Operative Bank

Northern Trust Co.

Norwood Bank

Patriot Community Bank

Pentucket Bank

People's Federal Savings Bank

Pilgrim Cooperative Bank

Pittsfield Co-Operative Bank

Polish National Credit Union

The Provident Bank

RiverBank

Rockport National Bank

Salisbury Bank and Trust Company

Saugus Bank

Savers Co-Operative Bank

Scituate Federal Savings Bank

Seamen's Savings Bank

Shrewsbury Federal Credit Union

South Coastal Bank

South Shore Co-Operative Bank

South Shore Savings

Spencer Savings Bank

St. Marys Credit Union

Stoneham Bank-Co-operative Bank

Stoneham Savings Bank

Strata Bank

Taunton Federal Credit Union

Unibank for Savings

United Bank

United Commercial Bank

The Village Bank

Washington Savings Bank

Watertown Savings

Webster Five Cents Savings Bank

Williamstown Savings Bank

Winchester Co-Operative Bank

Winchester Savings Bank

Winter Hill Federal Savings Bank

Worker's Credit Union

Bank of Western Massachusetts

BCP Bank

Belmont Savings Bank

Boston Private Bank & Trust

Braintree Co-Operative Bank

Bridgewater Cooperative Bank

Bridgewater Credit Union

Bridgewater Savings Bank

Bristol County Savings Bank

Brookline Co-Operative Bank

Butler Co-Operative Bank

Cambridge Trust Company

Clinton Savings Bank

Community Bank (The)

Cooperative Bank (The)

Country Bank for Savings

Dedham Savings

East Boston Savings Bank

East Cambridge Savings Bank

Eastern Bank

Easthampton Savings Bank

Bank of Easton

Economy Co-Operative Bank

Family Federal Savings & Loan

Fidelity Co-Operative Bank

First Federal Savings Bank

Flagship Bank and Trust Company

Florence Savings Bank

GFA Federal Credit Union

Georgetown Savings Bank

Gloucester Cooperative Bank

Greenfield Co-Operative Bank

Greenfield Savings

Greylock Federal Credit Union

Haverhill Co-Operative Bank

Hingham Institution for Savings

Holbrook Co-Operative Bank

Hometown Bank, A Co-Operative Bank

Hoosac Bank

Ipswich Co-Operative Bank

Lafayette Federal Savings Bank
Leader Bank

Lowell Co-Operative Bank

Lowell Five Cents Savings Bank

Mansfield Co-Operative Bank

Marblehead Savings Bank

Marlborough Savings Bank

Martha's Vineyard Co-Operative

Massbank

Mayflower Co-Operative Bank

Mechanics Cooperative Bank