News & Updates
Insights that help you lead
Practical guides to support your financial journey and updates from our team at the bank.
Law Firm Budget Tracking: Tips to Keep Your Practice Running Smoothly
A strong financial foundation is essential for any legal practice, no matter the size or specialty. That starts with clear, consistent law firm budget tracking,...
Read more
John Barbalaco Named Honoree of Westfair Business Journal’s C-Suite Awards
DR Bank is proud to celebrate Executive Vice President and Chief Banking Officer John Barbalaco, who has been recognized by Westfair Business Journal at its...
Read more
How to Effectively Manage an Attorney Escrow Account
An attorney escrow account plays a crucial role in legal and real estate transactions by safeguarding client funds until all agreed-upon conditions are met. It...
Read more
What Is the Best Bank for Attorneys?
Legal practices handle financial responsibilities that go far beyond a typical business, which is why many attorneys search for the best bank for attorneys, not...
Read more
IOLTA Account Rules vs Other Trust Accounts
Law firms have a responsibility to safeguard funds belonging to clients, whether held briefly or for extended periods. To do this, attorneys must understand the...
Read more
How to Open an IOLTA Account Online: The Step-by-Step Process
Attorneys are ethically and legally obligated to keep client funds separate from firm operating accounts. That’s where IOLTA accounts come in. Short for “Interest on...
Read more
IOLTA Accounts vs Attorney Trust Accounts: What’s the Difference?
Law firms across the United States are legally and ethically required to safeguard client money using dedicated accounts known as attorney trust accounts. For many...
Read more
IOLTA Account Meaning: Everything You Need to Know
An IOLTA account is more than just a regulatory requirement—it’s a vital part of how legal professionals manage client funds and support public interest law....
Read more
How to Do a Reverse 1031 Exchange
A standard 1031 exchange allows real estate investors to defer capital gains taxes by selling one investment property and purchasing a like-kind replacement. But what...
Read more
What Happens When You Sell a 1031 Exchange Property?
A 1031 exchange is a powerful tool that allows investors to defer capital gain taxes when selling investment property, as long as they reinvest in...
Read more