Phone call and text spoofing schemes are on the rise, and criminals are now pretending to be bank employees. As a reminder, Northern Bank will not call you and ask for personal information like PINs, passwords, social security numbers, or account numbers. Do not click on any links that you're unfamiliar with and be wary of texts, calls, or emails that ask you to log into online banking or send money with payment apps. If you receive a call or text matching this description, or alerts of suspicious activity on your account, please contact us immediately at 1-800-273-6908 Option "0".

Due to construction, the drive-up window and drive-up ATM will not be available at our Billerica branch. The branch will remain open during regular business hours, but the drive-up lanes will remain closed during construction.

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Banking solutions that meet the demands of modern law firms.

Banking solutions that meet the demands of modern law firms.

For law firms, banking needs go beyond just accounts.

At Northern Bank, we’re here to help you protect client funds, move money securely, reduce administrative friction, maintain visibility and complete time-sensitive transactions efficiently. Our full-service relationship banking approach is tailored to the way your firm operates, connecting commercial banking, treasury management, fraud prevention, and lending and local service to meet your unique needs.

Two attorneys and a banking relationship manager meeting at a table in a modern office lobby

Relationships make all the difference, for firms with complex, immediate demands.

When you have a time-sensitive banking question or issue, how easy is it to reach someone who understands your firm and can help move it forward?

Whether you’re managing client funds, time-sensitive payments or critical growth decisions, you need a team who really understands your firm’s requirements and can quickly respond with the best solution. At Northern Bank, you’ll always know who to call and who is on your team, because with us, the relationship is what matters. We’ll work together to coordinate our efforts across all your banking needs and respond quickly when timing is critical.

ACCOUNT TRANSITION SUPPORT

Helps firms move operating, payroll, trust, escrow and treasury services with less disruption.

DEDICATED RELATIONSHIP MANAGER

Provides a primary banking contact who understands the firm’s structure, needs and priorities.

TREASURY MANAGEMENT IMPLEMENTATION

Supports setup, training, permissions, payment templates, reporting and fraud prevention tools.

ANNUAL BANKING REVIEW

Helps firms revisit account structure, payment controls, cash flow, liquidity, fee and growth needs over time.

FOUNDATIONAL BANKING
We understand that, for law firms, the most important commercial banking products are the ones that help you manage operating cash flow, safeguard client funds, improve payment efficiency, reduce fraud risk, support compliance-related workflows and finance growth.
LAW FIRM OPERATING ACCOUNTS

Manage your firm’s revenue and expenses efficiently. Our operating accounts are designed for high transaction volume, offering flexible limits and integration with your existing legal accounting software (i.e., Clio, QuickBooks).

  • Business checking: Supports day-to-day firm operations, including deposits, disbursements, payroll, vendor payments, and partner distributions.
  • Payroll accounts: Helps separate payroll activity from general operating funds and supports clearer cash flow management.
  • Reserve accounts: Allows firms to set aside funds for taxes, case costs, technology investments, office expenses, or seasonal cash flow needs.
TRUST, IOLTA, AND ESCROW ACCOUNTS

Maintain perfect ethical compliance with our Interest on Lawyers Accounts (IOLTA). We handle the automatic remittance of interest to your state’s Bar Foundation, ensuring funds are properly segregated and reported.

  • IOLTA accounts: Helps firms maintain client trust funds separately from operating funds in accordance with applicable attorney trust account requirements.
  • Attorney trust accounts: Support responsible handling of retainers, settlement funds, client advances, and other client-owned funds.
  • Escrow accounts: Useful for firms involved in real estate closings, settlements, transactions, or other matters requiring segregated funds.
  • Sub-account or matter-level reporting: Helps firms track balances and activity by client, matter, transaction, or purpose where available.
TREASURY MANAGEMENT SOLUTIONS

Streamline your firm’s payables, receivables, and account activity. Our treasury management solutions are designed to help law firms manage payments, improve cash flow visibility, reduce administrative time, and support secure digital banking processes.

  • ACH origination: Supports vendor payments, payroll-related funding, client refunds, recurring payments, and other electronic disbursements.
  • Wire transfer services: Enables time-sensitive payments for settlements, closings, retainers, partner transactions, and vendor obligations.
  • Remote deposit capture: Allows firms to deposit checks without visiting a branch, improving speed and reducing administrative time.
  • Bill pay and payment templates: Helps streamline recurring payments and routine disbursements.
  • Account reporting: Provides visibility into balances, transactions, statements, and reconciliation support.
  • Online and mobile banking: Enables secure access to account activity, approvals, transfers, and reporting.
FRAUD PREVENTION AND PAYMENT CONTROLS

Protect your firm’s accounts and payment activity with added safeguards. Our fraud prevention and payment controls are designed to help law firms detect unauthorized transactions, reduce payment risk, strengthen internal controls, and support secure financial operations.

  • Positive Pay: Helps detect unauthorized or altered checks before they are paid.
  • ACH debit blocks and filters: Help reduce unauthorized ACH debit activity.
  • Dual approval: Adds a second level of review for higher-risk transactions such as wires, ACH, and large transfers.
  • User permissions: Limits who can view accounts, initiate payments, approve transactions, or make administrative changes.
  • Transaction limits: Controls payment exposure by user, account, payment type, and dollar amount.
  • Account alerts: Notifies the firm of large transactions, outgoing wires, ACH activity, low balances, or unusual account activity.
LIQUIDITY AND DEPOSIT SOLUTIONS

Optimize your firm’s cash reserves and deposit strategy. Our liquidity and deposit solutions are designed to help law firms manage excess balances, earn interest where appropriate, maintain access to funds, and support long-term cash planning.

  • Business savings and money market accounts: Help firms earn interest on reserve balances while keeping funds accessible.
  • Sweep accounts: Help manage excess operating balances and improve cash efficiency.
  • Certificates of deposit: Provide options for funds that can be set aside for a defined period.
  • Insured cash sweep options: May help firms manage larger balances while seeking expanded deposit insurance coverage, where available.
MERCHANT SERVICES AND PAYMENT ACCEPTANCE

Make it easier for clients to pay your firm securely and conveniently. Our merchant services and payment acceptance solutions are designed to help law firms accept card and online payments, improve collection speed, reduce reliance on paper checks, and support more efficient reconciliation.

  • Card payment acceptance: Gives clients another convenient way to pay invoices, retainers, and fees.
  • Online payment options: Supports faster collection and reduces reliance on paper checks.
  • Recurring payment capabilities: May help firms manage payment plans or ongoing client arrangements.
  • Settlement reporting: Helps finance teams reconcile card payments and deposits more efficiently.
ADVANCED CASH FLOW & SECURITY

Secure, seamless payment solutions.

Time is critical in legal transactions. Our Treasury Management Suite provides the tools for rapid, secure and transparent movement of funds, essential for closings, settlements and vendor payments.
SECURE

Domestic & International Wires
Initiate transfers securely online with daily limits and preferred pricing (or waived fees) for high-volume firms.

EFFICIENT

ACH Services for Bulk Payments
Automate recurring payments for payroll, vendors or collections with high-speed Automated Clearing House (ACH) transactions.

PROTECTED

Positive Pay & Fraud Prevention
Protect your operating funds against check fraud with our advanced Positive Pay System, matching every check presented for payment.

Northern Bank lending options to help your business grow.

Two business professionals shaking hands over a partner buyout agreement
PARTNER BUYOUTS*

Flexible financing to support ownership transitions and long-term firm continuity.

We do it all — finance partner buyouts, ownership changes, acquisition or merger financing, and succession planning with a term loan designed to help preserve firm cash flow. Northern Bank can support transitions involving retiring or departing partners, as well as strategic growth opportunities, while helping the firm maintain working capital for daily operations and future growth.

* All loans are subject to credit approval.

Hands reviewing financial charts and using a calculator for firm cash flow planning
FIRM WORKING CAPITAL*

Reliable access to capital to help manage cash flow and daily operating needs.

Northern Bank can give you access to flexible working capital through a commercial line of credit designed to help law firms manage cash flow, seasonal timing gaps, and day-to-day operating needs. Funds can support payroll, year-end payroll distributions, case expenses, technology investments, and other short-term business priorities.

* All loans are subject to credit approval.

A modern commercial office skyscraper against a dusk sky
REAL ESTATE FINANCING*

Financing solutions to help firms invest in, expand, or enhance their office space.

We’re ready to support your law firm’s real estate needs with financing designed for purchasing, refinancing, or improving office space. Commercial real estate financing can help firms secure a permanent location, expand to accommodate growth, renovate existing space, or refinance current property debt while preserving working capital for daily operations and strategic priorities.

* All loans are subject to credit approval.

An attorney working at a laptop in a home office
ATTORNEY LINES OF CREDIT*

Personal credit flexibility for attorneys’ individual financial and professional needs.

Northern Bank can provide attorneys with flexible access to funds through a personal line of credit designed for individual financial needs. This option can help attorneys manage personal cash flow, professional expenses, partner contributions, or short-term funding needs while remaining separate from the firm’s commercial line of credit.

* All loans are subject to credit approval.

Ready to Upgrade Your Firm's Banking

Schedule a confidential consultation with our Legal Banking team.