Attorney Financial Suite

Camden National understands the importance of delivering financial products that will help both you and your clients make the most of your money. Our Attorney Financial Suite provides you with innovative ways to:

Reduce Administrative Burdens
Maximize Earnings
Easily Access Your Money

1031 Exchange Program

For Commercial real estate exchanges, our 1031 program offers flexibility, convenience and good rates.

• Linked deposit Sub-accounts for clients, tied to firm's Master account.
• Web-based account access to view Master and Sub-accounts & conveniently move funds (wire transfers, ACH).
• Attractive tiered interest rate structure tied to LIBOR (London Interbank Offered Rate).

See Disclosure (PDF) »

IOLTA Account

This IOLTA (Interest on Lawyers Trust Accounts) offers a competitive rate of return to benefit legal assistance for low-income Mainers by the Maine Bar Foundation.

• Attractive Interest Rates paid to Maine Bar Foundation for legal aid efforts.
• Web-based account access
• Tiered interest rate structure offers better rates as balances increase.

See Disclosure (PDF) »

Attorney Escrow Account

This account offers an attractive return, and a safe place to keep their funds held in escrow.

• Linked deposit Sub-accounts for clients, tied to firm's Master account.
• Web-based account access to view Master and Sub-accounts & move funds (wire transfers, ACH).
• Multiple statements for Sub-accounts to both clients and firms - even available on CD-ROM.
• Attractive tiered interest rate structure.

See Disclosure (PDF) »

Estate Administrator Program

This program provides administrators a solid return on funds entrusted to an estate and the right tools to run the account.

• Linked deposit Sub-accounts for clients, tied to firm's Master account.
• Web-based account access to view Master and Sub-accounts & move funds (wire transfers, ACH).
• Deposits in both Sub- and Master-accounts are FDIC Insured.
• Attractive tiered interest rate structure tied to LIBOR (London Interbank Offered Rate).

For further information on Camden National Bank's suite of products for attorneys, please contact our Corporate Services Professionals at 800-860-8821.