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Lawyer Trust Accounts

Maintain, control, and manage funds entrusted to you with an SCU Lawyer Trust Account

Lawyer Trust Accounts are an easy way to safeguard, disburse, and manage client funds held in trust

About these accounts
  • Competitive interest rates
  • Effectively manage risk and monitor entrusted funds 
  • Flexible and convenient to use 
  • Meets all ethical obligations to manage funds with care and transparancy
  • Clients of the law firm do not have to be an SCU member


Blended Trust Account

  • Interest calculated at daily closing balance, and paid annually or when account is closed 
  • T5 for the interest earned issued in the name of the client and distributed to the client by the law firm 

Pooled Trust Account

  • Interest calculated at end of day closing balance, and paid monthly
  • T5 for the interest earned issued in the name of The Manitoba Law Foundation

Restricted Trust Account

  • A perfect account for electronic funds transfers (EFT) to Teranet Manitoba LP
  • Interest calculated at end of day closing balance, and paid monthly
  • T5 for the interest earned issued in the name of The Manitoba Law Foundation

Benefits included with all of our trust accounts

Manage your accounts on the go

Enjoy free access to online banking and our mobile app anytime, anywhere.

No deposit or transfer fees

Never pay service charges or fees on deposits or transfers.

Your savings are protected

All deposits are guaranteed 100% by the Deposit Guarantee Corporation of Manitoba.*

No minimum balances

No hidden minimum monthly balance requirements.

Freedom with your funds

Enjoy the flexibility to deposit or withdraw whenever you need.

Tips & tools

Here are a few ways for you to get the most from your account.

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Did you know that your business can save time and money by using an easy-to-use, secure, desktop cheque scanner
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Get started with digital banking

Digital banking is a secure and easy-to-use solution for your personal or business banking needs. Explore our resource centre to learn more.
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Smart tip!

Looking for flexibility with your money? With a Business High Interest Savings Account, funds are always available for withdrawal.

Trust account rates

Interest Rate
Lawyer / Realtor Trust Chequing 2.80%
Lawyer / Realtor Trust Savings 3.55%

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