Skip to Content

Banking services designed to benefit your practice

Our professional banking services offer customized banking packages for CPAs, physicians, dentists, attorneys, and a number of other professional practices. We call it the Professional Advantage Program, a dedicated suite of products and services designed specifically to help your unique practice.

Professional banking services and financial solutions

Take advantage of our valuable, customizable banking services and products that can meet the needs of your practice.

Business Attorney Escrow

Attorney Escrow Management Account

Clients and attorneys benefit from our user-friendly Attorney Escrow Management account. It features a master account for primary disbursement, which is linked to individual, interest bearing subaccounts for each client. In this ideal setup, the client’s funds earn interest, while this service fully automates recordkeeping and reporting for attorneys.

Enjoy the following benefits of this account:

  • Reduced recordkeeping time
  • Competitive rate of return on clients’ escrow funds
  • Free transfers between master checking account and client subaccounts
  • Combined monthly statement
  • 1099 reporting on each client subaccount
Interest on Lawyer’s Account (IOLA)

Interest on Lawyer Account (IOLA)

For attorneys who need to hold nominal, short-term client funds, our IOLA could be the right choice for you and your practice. Plus, Flushing Bank's IOLA handles all the legal requirements for these types of accounts, so you don’t have to.

Take advantage of these top convenient features of the IOLA:

  • Reduces recordkeeping time
  • Takes care of all reporting and payments to the state IOLA fund
  • Provides a detailed statement outlining all account activity
Back to top