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Law Firm Banking

Tailored Solutions

for Law Firms

Expert Legal Banking Services Tailored for the Legal Industry

At Cathay Bank, we understand the unique financial needs of law firms, legal professionals, and attorneys. With a deep commitment to empowering the legal community, we offer customized banking solutions designed to support your practice's growth, manage complex cash flow demands, and provide strategic insights for long-term financial success.
 

Our Services

IOLTA and Client Trust Accounts

Seamless solutions for managing funds while ensuring compliance with state and federal regulations. Cathay Bank offers Interest on Lawyers’ Trust Accounts (IOLTA) in the following states: CA, IL, NY, NV, and TX.

Treasury Management

Flexible lending options and credit facilities to bridge financial gaps and support the cyclical nature of legal practice revenue. Discover more through our Treasury Management services

Sub Accounting Services

Conveniently organize and segregate cases and beneficiary funds within your IOLTA account. Multiple structure options are available.

Working Capital Loans and Line of Credit

Scalable financing for advertising, operational costs, and firm expansion

Case Cost Line of Credit

Specialized credit lines to help finance the upfront costs of litigation, ensuring your practice remains financially stable while pursuing justice for your clients

Merchant Services for Law Firms

Streamlined payment solutions to accept retainer fees and service payments securely and efficiently

Partner Buy In and Buy Out

Tailored lending solutions to help legal professionals meet personal and professional financial goals

Our Expertise

Leveraging years of experience in serving the legal industry, Cathay Bank provides a comprehensive suite of financial services tailored to law firms of all sizes. Whether you're managing client trust accounts, optimizing cash management, or planning for strategic growth, our team of banking professionals is equipped to deliver solutions that work for you.

Get in Touch

Rouben Drake

SVP, Director of Law Firm Practice Banking

Cathay Bank

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Have a question?

Our bankers are happy to assist you with all your Business Lending needs. Please reach out for more information.