The Maintenance of Trust Accounts is outlined and governed from the
Organization and Government of the Virginia State Bar, Rules of the Supreme
Court of Virginia Part 6, § IV, Paragraph 20. It is also reflective of Rule
1.15 on the safekeeping of property from the Rules of Professional Conduct.
The VSB Ethics Department has written a page to answer questions about trust accounting. To learn more about interest on Lawyer Trust Accounts (IOLTA) visit the Legal Services Corporation of Virginia.
Additionally, the VSB produces a brochure on the subject: Lawyers and Other People's Money: A Resource for Maintaining Trust Accounts (pdf).
Currently Approved Banks for Attorney Trust Account Depositories
- American Bank
- American National Bank & Trust Co.
- Appalachian Community Federal Credit Union
- Atlantic Union Bank
- Bank of America
- Bank of Botetourt
- Bank of Charles Town
- Bank of Charlotte County
- Bank of Clarke County
- Bank of Hope
- Bank of the James
- The Bank of Marion
- Bank of McKenney
- The Bank of Southside Virginia
- [email protected]
- BankUnited, N.A.
- Benchmark Community Bank
- Blue Grass Valley Bank
- Blue Ridge Bank N.A.
- Burke & Herbert Bank and Trust Co.
- Capital Bank, N.A.
- Capital One, N.A.
- Carter Bank & Trust
- Chain Bridge Bank
- Chesapeake Bank
- CitiBank
- Citizens Bank. N.A.
- Citizens and Farmers Bank
- Citizens Bank & Trust Company
- City National Bank – California
- City National Bank of West Virginia
- CNB Bank
- Colombo Bank
- Community Bank of Chesapeake
- Congressional Bank
- CornerStone Bank
- Customers Bank
- Dollar Bank
- EagleBank
- Esquire Bank
- Farmers & Merchants Bank of Craig County
- Farmers and Merchants Bank
- Farmers and Miners Bank – Clintwood
- Farmers and Miners Bank – Wise
- Farmers Bank
- The Farmers Bank of Appomattox
- Fidelity Bank
- First American Trust, FSB
- First and Citizens Bank
- First Bank
- First Bank and Trust Company
- First Citizens Bank
- First Community Bank
- First Horizon Bank
- First National Bank
- First National Bank of Pennsylvania
- First Sentinel Bank
- First Virginia Community Bank
- The Freedom Bank of VA
- Founders Bank
- Frontier Community Bank
- Fulton Bank
- Hanmi Bank
- HomeTrust Bank
- HSBC Bank, USA, N.A.
- Integrity Bank for Business
- J.P. Morgan Chase, N.A
- John Marshall Bank
- Lee Bank & Trust Company
- Legacy Bank
- MainStreet Bank
- Manufacturer & Traders Trust Co. (M&T Bank)
- MCNB Bank and Trust Co.
- Metro City Bank
- Miners Exchange Bank
- Mountain Commerce Bank
- MVB Bank
- The National Bank of Blacksburg
- National Capital Bank of Washington
- New Peoples Bank, Inc.
- Northern Star Credit Union
- Oak View National Bank
- Old Point National Bank
- Pendleton Community Bank
- Peoples Bank
- Peoples Bank of Virginia
- Peoples Community Bank
- Pinnacle Bank
- Pioneer Bank
- PNC Bank, N.A.
- Powell Valley National Bank
- Premiere Bank, Inc.
- Presidential Bank, F.S.B.
- Primis Bank
- Renasant Bank
- Sandy Spring Potomac Bank Division
- Select Bank
- Select Bank & Trust
- Skyline National Bank
- Signal Financial Federal Credit Union
- Summit Community Bank
- SunTrust Bank
- Surrey Bank and Trust
- South State Bank
- Southern Bank and Trust
- TD Bank, N.A.
- Taylor Banking, Berlin, MD
- Towne Bank
- Truist
- TruPoint Bank
- Trustar Bank
- United Bank
- VCC Bank
- Village Bank & Trust Financial Corporation
- Virginia National Bank
- Virginia Partners Bank
- Wells Fargo Bank
- WesBanco Bank
- West Town Bank & Trust
- Woori America Bank