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Stimulus Payments Update

Please visit our COVID-19 page for current updates regarding stimulus payments.

Holiday Reminder

FAIRWINDS branches will be closed on Monday, January 18 in observance of Martin Luther King Jr. Day. | Get the freedom to go further.

Designed for lawyers or law firm associates who are entrusted with client funds. All interest earned is paid automatically to the Florida Bar Foundation.

IOTA Checking is a convenient option for attorneys and legal professionals to keep client funds separate in a control account that earns interest. All interest earned is paid automatically to the Florida Bar Foundation.

Benefits and features

  • Unlimited transactions
  • No monthly maintenance fee
  • Tiered interest rates
  • Automatic payment of interest to the Florida Bar Foundation.
  • Easily manage your account with the FAIRWINDS Business Banking Suite including: wire services, ACH, check images, robust reporting and research capabilities, and Desktop Check Deposit.
  • Keep your operating account separate but easily accessible with the FAIRWINDS Business Analysis account.

Current Rates

IOTA Rates Annual Percentage Rate (APR) Annual Percentage Yield (APY)
$0.00 - $99,999.99 0.10% 0.10%
$100,000.00 - $499,999.99 0.20% 0.20%
$500,000.00 - $999,999.99 0.20% 0.20%
$1,000,000.00 - $999,999,999.99 0.20% 0.20%

The Details

Minimum to Open — $100

Monthly Service Fee — $0

Per Deposit Fee — $0

Items Paid (per item) — $0

Requires Business Analysis Checking.

See Service Charge Schedule for additional fees that apply to all FAIRWINDS accounts.

IOTA is subject to rules governing attorney trust accounts in the state whose laws govern the account. The lawyer or law associate is responsible for paying fees assessed in connection with their IOTA accounts that are not netted against interest.