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Do different financial institutions have different fee schedules and interest rates for COLTAF accounts?

April 26, 2017accounts coltaf different fee financial institutions interest rates Schedules

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Do different financial institutions have different fee schedules and interest rates for COLTAF accounts?

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A. Yes. The charges by financial institutions to COLTAF range from no charge to over $10 per month. Interest rates also vary from one financial institution to another. COLTAF’s Leadership Banks are those that waive monthly service charges and pay flat or weighted interest rates of 2.25% or above, thus maximizing the resources available for civil justice purposes.