Pacific Mercantile Bank - Attorney/Client Trust Account

Attorney/Client Trust Account

This account is designed to fulfill the requirements of the California State Bar Association for a working trust account. Interest is paid and remitted as required. As an attorney, you will have access to most of the features available on your business accounts.

Features

Earn interest on your idle funds
A low, fixed monthly fee that can be waived if you keep a minimum balance in the account
Free unlimited check writing
Free unlimited deposits
No minimum balance requirement
FDIC insured
Access to your account information using our Online Banking Solution
View paid checks online (front and back) before your statement arrives
Convenient monthly image statements
Download account information to Intuit QuickBooks® in one easy step
E-mail alerts automatically sent when your balance goes above or below dollar amounts you specify
View up to 6 months of statements and 3 months of paid checks online
Conduct business online, through the mail (use our free bank-by-mail envelopes) or at any of our convenient Financial Centers.

Monthly Fee

All of the above features are included in the low monthly fee of $15.00. We will waive the fee each month you maintain a minimum balance of just $4,000.00 in your account.

Interest Rate

Attorney/Client Trust

Interest Rate

APY*

Less than $3,999.99

None

$4,000.00 or above

0.10%

* Annual Percentage Yield (APY) is accurate as of 7/29/2010. Rates on CDs are fixed for the term of the CD at the time of opening. For all other interest bearing accounts, the interest rate may change after account is opened. Rates offered are subject to change at any time without prior notice. Fees and early withdrawal penalties could reduce earnings on the account. See Product Information for other terms and conditions.

Disclosures:

Terms and Conditions | Account Details | Schedule of Fees and Charges | Funds Availability