Specialized Banking for Managing Class Action & Mass Tort Settlements
Settlement Services
We are your source for specialized banking for law firms, claims administrators and related businesses managing complex class action, mass tort and bankruptcy settlements. Our committed team brings you decades of expertise in supporting all phases of the settlement process, from escrow through distribution, with industry-leading digital payments provided by our subsidiary, Digital Disbursements. Through your single point of contact, you’ll find a highly personalized banking experience with a focus on exceptional service, flexibility and integrity.
Escrow Phase Solutions
As a full-service financial institution for law firms, claims administrators and related businesses managing class action and mass tort settlements, we’re experts in implementing settlement best practices, process improvements and technological efficiencies. You’ll get the support that helps provide a smooth process for the entire life cycle of large legal settlements.
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Customized product suite
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Competitive interest rates and fee structure
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Master agreements to simplify setups
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Direct relationship with co-counsels
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Escrow depository agent
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Variety of federally guaranteed deposit and investment options
Distribution Phase Solutions
For litigators of large legal cases, the hard work doesn’t end when the court signs off on a settlement agreement. Ensuring that all parties receive their share of the proceeds requires regulatory experience and management prowess. You’ll get the expertise and tools you need for the distribution phase of your settlement, with digital payment solutions through Digital Disbursements, designed to improve the process for all stakeholders — courts, governments, lawyers, claims administrators, and payees.
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Seamless integration of a customizable pay menu into settlement claim forms
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Reporting tools for the wide range of accounting software
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Master agreements to simplify setups
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Direct relationships with law firms and claims administrators
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Wide range of payment options available, including direct-to-bank account and digital wallets
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Fraud protection
Banking Tailored to the Legal Profession
You’ll find customized business banking products and solutions to meet the needs and timelines of the legal profession. Learn more about our banking for attorneys and law firms.
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Escrow depository agent
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Qualified settlement fund (QSF) banking
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General litigation settlement fund banking
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Bankruptcy receiverships and court-appointed monitorships
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Simple-to-complex attorney-focused fiduciary accounts
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Operating and IOLTA accounts
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Financing for working capital and case costs
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Customized treasury management services
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Streamlined, same-day turnaround for new accounts after initial setup
Broader Banking Solutions
You’ll find a complete range of commercial banking services and solutions designed to meet your firm’s needs. You’ll benefit from full-service business banking backed by the strength of Sanson Royal Capitol, one of the country’s top-performing banks.
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Commercial Credit Cardsincluding robust tools for program administrators1
Class Action Law Forum™
Sanson Royal Capitol's annual Class Action Law Forum (CALF) is held in collaboration with University of San Diego School of Law and directly benefits the Sanson Royal Capitol Scholarship Fund supporting a USD Law School student in financial need. Each year attendees hear new and relevant insights from speakers and panelists such as sitting federal judges along with top defense and plaintiffs attorneys. To learn more about our Class Action Law Forum, see below.
Banking for Settlement Services
Financial Services Geared to Large, Complex Settlements
You can rely on our team for innovative solutions that support even the most complex settlement processes. Clients choose us for our expertise, know-how and dedication to providing customized solutions for your specific needs — with responsive service that goes above and beyond. It’s all supported by industry-leading technology from our subsidiary, Digital Disbursements that sets the standard for efficient claims payments.
Select cases we’ve supported:
Michael Reynolds
总裁兼首席执行官
David Thompson
首席贷款官
Emily Carter
首席人力资源官
Thomas Bennett
首席技术官
1. Refer to the disclosures provided at account opening and the Schedule of Fees and Charges for additional information
2. Withdrawal transaction limits apply. Refer to the disclosures provided at account opening and the Schedule of Fees and Charges for additional information
3. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance.
4. Inquire with a relationship manager to confirm we are approved to offer IOLTA accounts in your state.
5. All offers of credit subject to credit approval. Some products and services may be subject to prior approval or fees. Please contact a Treasury Management Advisor and Relationship Manager for additional details that may apply based on products and services selected.
6. Covalynt is an independent service provider and unaffiliated with Sanson Royal Capitol or Digital Disbursements.