Eligible Financial Institutions

Rule of Professional Conduct 1.15 requires lawyers to use a client trust account maintained at an eligible financial institution. Rule 1.15(i)(3) defines an eligible financial institution as one that:

  • Has agreed to provide trust account overdraft notification to the ARDC under Rule 1.15(h), and
  • Offers IOLTA accounts within the requirements of Rule 1.15(f) (if the financial institution holds IOLTA deposits).

Is Your Bank Eligible?

Lawyers should confirm that their financial institution is eligible to offer IOLTA accounts under Rule 1.15. This page shows the financial institutions that currently are eligible under both criteria in the rule. This list is updated at least monthly. Financial institutions that are not listed here should visit the Become an Eligible Institution page to learn how to become qualified to hold client trust accounts, including IOLTA accounts.

Eligible Financial Institutions (last updated January 9, 2020):

  • 1st Community Bank (Sherrard)
  • 1st Equity Bank
  • Albany Bank and Trust Co.
  • Alerus Financial, N.A.
  • Algonquin State Bank
  • Allied First Bank
  • Alpine Bank & Trust
  • Amalgamated Bank of Chicago
  • American Bank & Trust Company N.A.
  • American Community Bank & Trust
  • American Eagle Bank
  • American Eagle Bank of Chicago
  • American Enterprise Bank
  • Anna State Bank
  • Anna-Jonesboro National Bank
  • Apple River State Bank
  • Arcola First Bank
  • Area Bank
  • Arthur Community Bank, a Division of Arcola First Bank
  • Associated Bank
  • Athens State Bank
  • Austin Bank of Chicago
  • Banco Popular North America
  • Bank & Trust Company
  • Bank Leumi
  • Bank of America
  • Bank of Belleville
  • Bank of Calhoun County
  • Bank of Carbondale (The)
  • Bank of Farmington
  • Bank of Herrin (The)
  • Bank of Hope (formerly BBCN Bank)
  • Bank of Kampsville
  • Bank of Marion
  • Bank of O’Fallon
  • Bank of Pontiac
  • Bank of Rantoul
  • Bank of Springfield
  • BankChampaign
  • BankFinancial
  • BankORION
  • Banterra Bank
  • Barrington Bank & Trust Co. NA
  • BBCN Bank
  • Belmont Bank & Trust
  • Better Banks
  • Beverly Bank & Trust
  • Blackhawk Bank (Beloit, WI)
  • Blackhawk Bank & Trust (Milan)
  • BMO Harris Bank N.A.
  • Bradford National Bank of Greenville (The)
  • Buena Vista Natioanl Bank
  • Burling Bank
  • Busey Bank
  • Business Bank of St. Louis (The)
  • Byline Bank
  • Capital Bank, N.A.
  • Carrollton Bank
  • Casey State Bank
  • Castle Bank, a division of First National Bank of Omaha
  • Catholic & Community Credit Union
  • Central Bank Illinois
  • Central Bank of St. Louis
  • Central Illinois Bank
  • Centrust Bank
  • Chemical Bank
  • Chester National Bank
  • Chase
  • CIBC Bank USA
  • Citibank NA
  • Citizens Bank
  • Citizens Bank of Chatsworth
  • Citizens First State Bank
  • Citizens National Bank of Albion
  • Citizens State Bank
  • City National Bank of Metropolis (The)
  • Clay City Banking Company
  • CNB Bank & Trust NA
  • Commerce Bank
  • Community Bank of Elmhurst
  • Community Bank of Oak Park River Forest
  • Community First Bank of the Heartland
  • Community National Bank in Monmouth
  • Community State Bank (Galva)
  • Community State Bank of Rock Falls
  • Community Trust Bank
  • Cornerstone National Bank & Trust Co.
  • Country Bank
  • Crossroads Bank
  • Crystal Lake Bank & Trust
  • Customers Bank
  • Delaware Place Bank
  • Devon Bank
  • Diamond Bank
  • Du Quoin State Bank
  • East Dubuque Savings Bank
  • Edwardsville Bank, a division of St. Louis Bank
  • Elgin State Bank
  • Enterprise Bank & Trust
  • Esquire Bank (New York)
  • Eureka Savings Bank
  • Evergreen Community Bank
  • Exchange State Bank
  • Fairfield National Bank
  • Farmers & Mechanics Bank
  • Farmers and Merchants State Bank of Bushnell
  • Farmers National Bank of Griggsville
  • Farmers National Bank of Prophetstown
  • Farmers State Bank
  • Farmers State Bank & Trust Company
  • Farmers State Bank of Alto Pass
  • Farmers State Bank of Danforth
  • Farmers State Bank of Hoffman
  • Farmers State Bank of Western Illinois
  • Farmers-Merchants National Bank of Paxton
  • Fidelity Bank & Trust (Dyersville, IA)
  • Fifth Third Bank
  • First American Bank
  • First Bank & Trust Evanston
  • First Bank and Trust Co. of Murphysboro
  • First Bank & Trust S.B. (Paris)
  • First Bank of Highland Park
  • First Bank of Manhattan
  • First Bankers Trust Company, N.A.
  • First Banks, Inc.
  • First Community Bank of Hillsboro
  • First Country Bank
  • First Eagle Bank
  • First Farmers Bank & Trust (Converse, IN)
  • First Farmers State Bank
  • First Federal Bank
  • First Federal Bank of Tuscola, a Division of Arcola First Bank
  • First Federal Savings & Loan of Central Illinois
  • First Federal Savings Bank
  • First Financial Bank
  • First Financial Bank (Cincinnati)
  • First Merchants Bank (Daleville, IN)
  • First Merchants Bank (Muncie, IN)
  • First Mid-Illinois Bank & Trust N.A.
  • First Midwest Bank
  • First National Bank (Mattoon)
  • First National Bank & Trust Co. (Wisconsin)
  • First National Bank & Trust Company (Clinton)
  • First National Bank & Trust Company of Rochelle
  • First National Bank in Amboy
  • First National Bank in Carlyle
  • First National Bank in Olney
  • First National Bank in Paxton
  • First National Bank in Pinckneyville
  • First National Bank in Staunton
  • First National Bank in Taylorville
  • First National Bank of Allendale
  • First National Bank of Arcola (The)
  • First National Bank of Barry
  • First National Bank of Brookfield
  • First National Bank of Carmi
  • First National Bank of Catlin
  • First National Bank of Chillicothe
  • First National Bank of Dieterich
  • First National Bank of Dwight
  • First National Bank of Illinois
  • First National Bank of Lacon
  • First National Bank of Litchfield
  • First National Bank of McHenry
  • First National Bank of Ottawa
  • First National Bank of Pana
  • First National Bank of Raymond
  • First National Bank of Sullivan
  • First National Bank of Waterloo
  • First Nations Bank
  • First Neighbor Bank N.A.
  • First Personal Bank
  • First Robinson Savings Bank NA
  • First Savings Bank of Hegewisch
  • First Security Bank
  • First Southern Bank
  • First State Bank (Mendota)
  • First State Bank (Monticello)
  • First State Bank of Bloomington
  • First State Bank of Forrest
  • First State Bank Shannon-Polo
  • First Trust & Savings Bank (Watseka)
  • First Trust Bank of Illinois
  • First United Bank
  • Fisher National Bank
  • Flora Bank & Trust
  • FNBC Bank & Trust
  • Forest Park National Bank & Trust
  • Fort Madison Bank & Trust Company
  • Freedom Bank
  • Galena State Bank & Trust Company
  • Gateway Community Bank
  • German American State Bank
  • Germantown Trust & Savings Bank
  • Glenview State Bank
  • Gold Coast Bank
  • Golden Eagle Community Bank
  • Grand Ridge National Bank
  • Grundy Bank
  • Guaranty Bank
  • Hanmi Bank
  • Harvard State Bank
  • Havana National Bank
  • Heartland Bank & Trust Company
  • Heights Bank (The), a division of First State Bank of Forrest
  • Henry State Bank
  • Heritage Bank of Schaumburg
  • Hinsdale Bank & Trust
  • Home State Bank, N.A.
  • HomeBank
  • Homestar Bank
  • Hometown National Bank
  • Huntington National Bank (formerly First Merit)
  • IH Mississippi Valley Credit Union
  • Illini Bank
  • Illini State Bank
  • Illinois National Bank
  • Inland Bank & Trust
  • International Bank of Chicago
  • Ipava State Bank
  • Iroquois Farmers State Bank
  • Iroquois Federal Savings & Loan Assn.
  • Itasca Bank & Trust Co.
  • Iuka State Bank (The)
  • JPMorgan Chase
  • Lake Forest Bank & Trust
  • Lakeside Bank
  • LaSalle State Bank
  • Laura State Bank
  • Leaders Bank
  • Legence Bank
  • Liberty Bank
  • Liberty Bank for Savings
  • Libertyville Bank & Trust Co.
  • LincolnWay Community Bank
  • Lisle Savings Bank
  • Longview Bank & Trust
  • Marine Bank
  • Marine Bank & Trust
  • Marion County Savings Bank
  • Marquette Bank
  • Marseilles Bank
  • Mason City National Bank
  • MB Financial Bank
  • McHenry Savings Bank
  • Mercantile Bank
  • Merchants & Manufacturers Bank
  • Metropolitan Capital Bank
  • MidAmerica National Bank
  • Mid-Illini Credit Union
  • Midland States Bank
  • Midwest BankCentre
  • Midwest Bank of Western Illinois
  • Midwest Community Bank
  • Millenium Bank
  • Morton Community Bank
  • Municipal Trust & Savings Bank
  • Murphy-Wall State Bank & Trust Co.
  • National Bank (Hillsboro)
  • National Bank of Earlville
  • New Dominion Bank
  • North Adams State Bank
  • North Central Bank
  • North County Savings Bank
  • North Shore Community Bank & Trust
  • North Shore Trust and Savings
  • Northbrook Bank & Trust Co.
  • Northern Trust
  • Northside Community Bank
  • NorthStar Credit Union
  • Northwest Bank of Rockford
  • NuMark Credit Union
  • Oak Bank
  • Old Exchange National Bank
  • Old National Bank
  • Old Plank Trail Community Bank
  • Old Second National Bank
  • Old Second National Bank (Kane County)
  • Old Second National Bank (Yorkville)
  • Park Ridge Community Bank
  • Parkway Bank & Trust Co.
  • PeopleFirst Bank
  • Peoples Bank, SB
  • Peoples Bank & Trust
  • Peoples Bank of Kankakee County
  • Peoples National Bank, N.A.
  • Peoples National Bank of Kewanee
  • Peoples State Bank
  • Peru Federal Savings
  • Petefish Skiles & Co. Bank
  • Pinnacle Bank
  • PNC Bank NA
  • Prairie Community Bank
  • Prairie State Bank & Trust
  • Princeville State Bank
  • Prospect Bank (Formerly Edgar County Bank & Trust Co.)
  • Providence Bank
  • Quad City Bank & Trust Company
  • Regions Bank
  • Reliance Bank
  • Republic Bank of Chicago
  • Resource Bank, N.A.
  • Rockford Bank & Trust
  • Royal Business Bank
  • Rushville State Bank
  • Sauk Valley Bank
  • Schaumburg Bank & Trust
  • Scott State Bank
  • Security Bank, SB
  • Security Savings Bank
  • SENB Bank
  • Shelby County State Bank
  • Signature Bank
  • Simmons Bank
  • South Central Bank
  • South Porte Bank
  • South Side Trust & Savings Bank
  • Southern Bank
  • Southern Trust Bank
  • Southwest Chicago Chapter Credit Union
  • Spring Valley City Bank
  • St. Charles Bank & Trust
  • Standard Bank & Trust Company
  • State Bank (Freeport)
  • State Bank of Cerro Gordo
  • State Bank of Geneva
  • State Bank of Graymont
  • State Bank of Herscher
  • State Bank of Lincoln
  • State Bank of Speer
  • State Bank of the Lakes
  • State Bank of Toulon
  • State Bank of Waterloo
  • State Central Bank
  • State Street Bank & Trust Co.
  • STC Capital Bank
  • Sterling Bank
  • Stillman BancCorp NA
  • Sumner National Bank of Sheldon
  • Sun Trust Banks, Inc.
  • Talmer Bank and Trust
  • TCF National Bank
  • The Federal Savings Bank
  • The FNB Community Bank (formerly FNB Vandalia)
  • The Iuka State Bank
  • The National Bank
  • Tompkins State Bank
  • Town & Country Bank (Quincy)
  • Town & Country Bank (Springfield)
  • Town Center Bank
  • Trustbank
  • UMB Bank
  • Union National Bank
  • Union Savings Bank
  • United Community Bank
  • United Fidelity Bank, FSB
  • United Trust Bank
  • Urban Partnership Bank
  • U.S. Bank
  • Vibrant Credit Union
  • Village Bank & Trust
  • Washington Savings Bank
  • Wells Fargo Bank NA
  • West Central Bank
  • West Suburban Bank
  • West Town Bank & Trust
  • Wheaton Bank & Trust

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