Authorized Financial Institutions

Pursuant to an Order of the Supreme Court of Washington, lawyers, limited practice officers, and limited license legal technicians may only hold IOLTA deposits in financial institutions that have been certified as eligible by the Legal Foundation of Washington. Authorized financial institutions are those in compliance with the interest rate comparability and other provisions of ELC 15.4 (.pdf), ELC 15.7 (.pdf) and ELPOC 15.4 (.pdf) governing IOLTA and other trust accounts.  

The following institutions have been certified as eligible to hold IOLTA and other trust funds. Please check back frequently for additions to this list.

1st Century Bank, a division of MidFirst Bank
1st Security Bank of Washington
Alerus Financial, NA
Baker Boyer Bank
Bank of America
Bank of the Pacific, The
Bank of the West
BankUnited, N.A.
Banner Bank
Beneficial State Bank
Capital Bank
Cashmere Valley Bank
CIT Bank
Coastal Community Bank
Columbia State Bank
Commencement Bank
Commerce Bank of Washington, The
Community Bank
Community First Bank
East West Bank
Esquire Bank N.A.
Farmers State Bank
First American Trust
First Citizens Bank
First Federal
First Financial Northwest Bank
First Interstate Bank
First Republic Bank
First Sound Bank
Five Star Bank
GBC International Bank
Harborstone Credit Union
Hapo Community Credit Union
Heritage Bank
HomeStreet Bank
Idaho Trust Bank
Islanders Bank
JPMorgan Chase N.A.
Key Bank
Kitsap Bank
Liberty Bank
Mountain Pacific Bank
Mountain West Bank
MUFG Union Bank, N.A.
North Cascades Bank, a division of Glacier Bank
Northwest Bank
Numerica Credit Union
Olympia Credit Union
Olympia Federal Savings
OnPoint Community Credit Union
Pacific Premier Bank
Pacific West Bank
Peoples Bank
Pinnacle Bank
PNC Financial Services
Riverview Community Bank
Salal Credit Union
Seattle Bank
Security State Bank
Solarity Credit Union
Sound Banking Company
Sound Community Bank
Sound Credit Union
Spokane Teachers Credit Union (STCU)
State Bank Northwest
Texas Capital Bank, N A
Timberland Bank
Twin City Bank
Twin River Bank
TwinStar Credit Union
Umpqua Bank
United Business Bank
US Bank
Washington Business Bank
Washington Federal
Washington Trust Bank
Wells Fargo Bank
Wheatland Bank