Lawyer Resources

Trust Account Regulations and Depositories

Additional Info

Interest on Lawyer Trust Accounts (IOLTA)

For more information, visit the Legal Services Corporation of Virginia.

Maintenance of Trust Accounts from the Organization and Government of the Virginia State Bar, Rules of the Supreme Court of Virginia Part 6, § IV, Paragraph 20

Rule 1.15 on the safekeeping of property from the Rules of Professional Conduct

Lawyers and Other People's Money: A Resource for Maintaining Trust Accounts (pdf)

Answering Your Questions about Trust Accounting from the bar's Ethics Hotline


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

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

The Bank of Fincastle

Bank of Hope

Bank of the James

The Bank of Marion

Bank of McKenney

Bank of North Carolina (BNC) for Virginia

The Bank of Southside Virginia


Benchmark Community Bank

Blue Grass Valley Bank

Blue Ridge Bank N.A.

Branch Bank & Trust (BB&T)

Burke & Herbert Bank and Trust Co.

Capital Bank, N.A.

Capital One, N.A.

Carter Bank & Trust

Chain Bridge Bank

Chesapeake Bank


Citizens and Farmers Bank

Citizens Bank & Trust Company

City National Bank – California

City National Bank of West Virginia

Colombo Bank

Community Bank of Chesapeake

Congressional Bank

CornerStone Bank

Dollar 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 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 Tennessee Bank National Association

First Virginia Community Bank

The Freedom Bank of VA

Frontier Community Bank

Fulton Bank

Hanmi Bank

Highlands Union Bank

HomeTrust Bank

HSBC Bank, USA, N.A.

J.P. Morgan Chase, N.A

John Marshall Bank

Lee Bank & Trust Company

MainStreet Bank

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

MCNB Bank and Trust Co.

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 Line Bank of Bowie, MD

Old Point National Bank

Park Sterling Bank

Pendleton Community 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.

Renasant Bank

Revere Bank

Sandy Spring Potomac Bank Division

Select Bank

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

TruPoint Bank

United Bank

VCC Bank

Village Bank & Trust Financial Corporation

Virginia Bank & Trust Company

Virginia Commonwealth Bank

Virginia Community Bank

Virginia National Bank

Virginia Partners Bank

Wells Fargo Bank

Woori America Bank

Updated: Sep 03, 2019