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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.
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 a net yield of 70.00% or more of the Federal Funds Target Rate. 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
Levels of Participation
List of Eligible Financial
Institutions
Rate Comparability Information Form
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