Interest on Lawyer Trust Account Program (IOLTA)

As an Honor Roll Member for IOLTA accounts with Maryland Legal Services Corp., American Bank pays 1.00% Annual Percentage Yield (APY)*, which benefits Maryland Legal Services Corporation Fund for grants to programs which provide civil legal services to the poor.

The Maryland Legal Services Corporation (MLSC) was established by the Maryland General Assembly in 1982 to raise funds and make grants to nonprofit organizations for the provision of civil legal assistance to low-income persons in Maryland.

Product

* Annual % Yield (APY)

Minimum Balance

Interest Rate

We also offer these accounts for DC, Ohio, Maine, and Georgia.

Account Features:

No Monthly Service Fee
No per Check Charge
No Minimum Initial Balance
No ACH Fee

Let American Bank handle all of your Banking needs. For more information call: (301) 572-3740.