Lawyers are encouraged to use informed judgment when selecting a bank. Veribanc, a bank rating company, is a good resource for determining the safety and soundness of a financial institution. It rates U.S. banks on a quarterly basis and you can order individual bank reports or a summary report for every bank. See www.veribanc.com.
Click here for a list of financial institutions approved as depositories for attorney trust accounts.
Click here for information about IOLTA and the Georgia Bar Foundation.