FDIC Provides Guidance on Coverage for IOTA Accounts

February 17, 2011

When legislation signed into law last year extended unlimited FDIC insurance for Interest on Lawyers Trust Accounts (IOLTA), many ALTA members asked if the same protection was afforded to Interest on Trust Accounts (IOTA). Read on to find out what protection the FDIC extends to IOTA accounts.

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Contact ALTA at 202-296-3671 or communications@alta.org.

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