Issues that determine whether an account will generate net interest are:

• Interest rate paid on the account
• Amount of service fees charged on the account*
• Minimum balance requirements on the account
• Average daily balance in the account

 * Service charges on IOLTA accounts are billed directly to, and are paid by, the
Texas Access to Justice Foundation and may not appear on attorneys' bank statements.

See also:

Instructions on opening an IOLTA account

IOLTA Notice Form

Financial considerations of maintaining separate client accounts

"A Lawyer's Guide to Client Trust Accounts"

Recent News

Jan. 27, 2012

Statement on News Regarding the Hold on Low Interest Rates and the Effect on Legal Aid Programs

Dec. 15, 2011

Texas Senator Kirk Watson to Receive Texas Access to Justice Legislative Hero Award

Nov. 15, 2011

Statement on Funding Cuts to Texas LSC-funded Legal Aid Programs

Nov. 4, 2011

State Bar Gives $1.75 Million for Student Loan Repayment Program

Oct. 25, 2011

Texas Joins in National Pro Bono Celebration: Supreme Court of Texas Issues Resolution

Oct. 3, 2011

Rep. Pete Gallego Reappointed to TAJF Board

Sept. 29, 2011

Real Estate, Probate & Trust Law Section Donates $30,000 to TAJF

Sept. 27, 2011

First State Bank (Ennis) Becomes Prime Partner

Sept. 13, 2011

First State Bank of Mineral Wells Becomes Prime Partner

Sept. 7, 2011

Roland Johnson Appointed to TAJF Board of Directors

Aug. 29, 2011

Tate Reappointed Chair of TAJF Board of Directors

July 21, 2011

Commission and Foundation Applaud the Texas Legislature for Providing Funding for State's Legal Aid System

June 27, 2011

Texas Legislature Issues Joint Resolution Commending the State Supreme Court for Its Efforts to Preserve Access to Justice for All Texans in Legislature

More news