The FDIC treats IOLTA accounts as Fiduciary accounts, meaning that, as long as certain requirements (including the account name indicating it is an IOLTA/trust account and other record-keeping) are met, the account is insured per client up to the standard FDIC limit of $250,000. Please see https://www.fdic.gov/deposit/diguidebankers/documents/fiduciary-accounts.pdf for more information. Please note that, since the $250,000 limit is an aggregate, if a particular client also has a personal account at the financial institution where you hold your IOLTA account, their personal account will count toward that individual client’s $250,000 limit.