Become an Eligible Bank/Credit Union

The Supreme Court of Texas has amended the IOLTA rules to require Texas attorneys to place their IOLTA accounts at eligible institutions—those that pay interest rates on IOLTA comparable to rates paid on similarly situated, non-IOLTA accounts.

If your institution does not currently hold IOLTA accounts, please contact Janice Cappiello at 512.320.0099, ext. 108, before opening IOLTA accounts. You must acquire a bank code and a packet of instructions and forms from the Texas Access to Justice Foundation before qualifying for the eligibility process.

If your institution would like to change its eligibility status, please contact Janice Cappiello at 512.320.0099, ext. 108.

Prime Partners
The following financial institutions are Prime Partners -- institutions that go above and beyond eligibility requirements to foster the IOLTA Program. These institutions pay the higher of  1) 75.00% or more of the Fed Funds Target Rate; or 2) a minimum of 1.00% on IOLTA accounts.  They are committed to ensuring the success of the IOLTA program and increased funding for legal aid.

 

See the complete list of Eligible Financial Institutions.

For more information about becoming an eligible financial institution or a Prime Partner, please review the following documents:

IOLTA Comparability Implementation Packet

Rules Governing the Operation of the Texas IOLTA Program
Letter to Texas Financial Institutions Jan. 16, 2009

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

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