Member Resources

Trust Account Regulations and Depositories

Additional Info

Interest on Lawyer Trust Accounts (IOLTA)
For more information, visit Legal Services Corporation of Virginia.

Maintenance of Trust Accounts; Notice of Election Requirements (Organization and Government of the Virginia State Bar, Rules of the Supreme Court of Virginia Part 6, § IV, Paragraph 20)

Attorney Trust Account Regulations (Regulations for the Approval of Financial Institutions as a Depository for Attorney Trust Accounts in Virginia)


The following banks have received approval from the Virginia State Bar as depositories for attorney trust accounts:

Access National Bank

American Bank

American National Bank & Trust Co.

Bank of America

Bank of Botetourt

Bank of Charles Town

Bank of Charlotte County

Bank of Clarke County

The Bank of Fincastle

Bank of Floyd

Bank of Georgetown

Bank of Hampton Roads

Bank of Hampton Roads dba Shore Bank

Bank of the James

Bank of Lancaster

The Bank of Marion

Bank of McKenney

Bank of North Carolina (BNC) for Virginia

The Bank of Southside Virginia

Bank of Virginia



Benchmark Community Bank

Blue Grass Valley Bank

BlueRidge Bank, Frederick, MD

Blue Ridge Bank, Luray, VA

Branch Bank & Trust (BB&T)

Burke & Herbert Bank and Trust Co.

Capital Bank, N.A.

Capital One, N.A.

Cardinal Bank

Carter Bank & Trust

Chain Bridge Bank

Chesapeake Bank


Citizens and Farmers Bank

Citizens Bank & Trust Company

Citizens Community Bank

City National Bank of West Virginia

Colonial Virginia Bank

Columbo Bank

Congressional Bank

CornerStone Bank


Essex Bank 

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

The Fauquier Bank

Fidelity Bank

First and Citizens Bank

First Bank

First Bank of Virginia

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 Tennessee Bank National Association

First Virginia Community Bank

The Freedom Bank of VA

Frontier Community Bank

Fulton Bank

Grayson National Bank

Hanmi Bank


Heritage Bank

Highlands Union Bank

Hometown Bank

HomeTrust Bank

HSBC Bank, USA, N.A.

John Marshall Bank

Lee Bank & Trust Company

MainStreet Bank

Manufacturer & Traders Trust Co. (M&T Bank)

MCNB Bank and Trust Co.

The Middleburg Bank

Miners Exchange Bank

Monarch Bank

Monument Bank

The National Bank of Blacksburg

NewBridge Bank

New Peoples Bank, Inc.

Northern Star Credit Union

Oak View National Bank

Old Line Bank of Bowie, MD

Old Point National Bank

Park Sterling Bank

Peoples Bank of Virginia

Peoples Community Bank

Pioneer Bank

PNC Bank, N.A.

Powell Valley National Bank

Premiere Bank, Inc.

Presidential Bank, F.S.B.

Revere Bank

River Community Bank, N.A.

Sandy Spring Potomac Bank Division

Select Bank


Signal Financial Federal Credit Union

SuffolkFirst Bank a branch of Xenith Bank

Summit Community Bank

SunTrust Bank

Surrey Bank and Trust

Southern Bank and Trust

TD Bank, N.A.

Taylor Banking, Berlin, MD

Towne Bank

TriSummit Bank

TruPoint Bank

Union Bank & Trust

United Bank

Village Bank & Trust Financial Corporation

Virginia Bank & Trust Company

Virginia Community Bank

Virginia National Bank

Virginia Partners Bank

WashingtonFirst Bank

Wells Fargo Bank

Woori America Bank

Xenith Bank

Updated: May 10, 2016