Attorneys

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Attorney-Designed Banking

Hudson Valley Bank was founded by attorneys over 40 years ago and has been serving attorneys ever since. We understand the unique demands and requirements of the legal profession and have an unprecedented perspective on the banking needs of attorneys. Our current client list includes more than 1,000 law firms of all sizes and specialties. We offer a comprehensive array of products and services specifically designed for attorneys, law firms and their clients.We offer our legal clients:

  • A dedicated relationship manager can be contacted directly any time
  • Banking products and services designed specifically for attorneys
  • Access to executive management
  • Flexibility and fast turnaround from locally-based decision makers
  • Bankers who understand the practice of law
  • Exceptional personal service and attention

Customized Services For Attorneys

The Bank’s highly qualified Legal Services Department provides an exclusive personal banking experience with exceptional service and commitment to sole practitioners and small-to-mid-sized law firms. Because we understand the legal field, we are able to provide proven practical banking products and many additional amenities and services not found at other banks. Call us to learn how you and your law firm can benefit from Hudson Valley Bank’s specialized legal services and superior customer service.

Attorney Trust Accounts (ATA)

Our innovative Attorney Trust Account Program simplifies and streamlines escrow management, facilitates bookkeeping and assists with effective reconciliation for managing client funds and information. This highly regarded service is provided to you in a program that includes:

  • Trust Checking Account (TCA)
  • Client Benefit Trust Account (CBTA)
  • Interest on Lawyer Account (IOLA & IOLTA)
  • 1031 Exchange Account (1031)

Benefits of a Hudson Valley Bank Attorney Trust Program:

  • We provide consolidated monthly statements for fast easy reference on all components
  • We can create individual sub-accounts for clients
  • As part of this service, we issue separate 1099s on earned interest for each client account
  • Make all payments to the IOLA / IOLTA Fund
  • Transfers from sub-accounts can be made conveniently by phone or fax

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Continuing Legal Education (CLE) Seminars

For more information about CLE events sponsored by Hudson Valley Bank.

Additional Services for Attorneys

 

Online Resources for Attorneys

Useful links to online resources for attorneys.

For additional information about our superior Legal Services banking, please contact the Branch nearest you or Contact Us electronically.