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Prime Partners
The Texas Access to Justice Foundation works closely with Texas banks to ensure
their participation in the Interest on Lawyers’ Trust Accounts (IOLTA) Program.
Per Supreme Court of Texas rules, IOLTA accounts must be held at banks that pay
interest rates comparable to similarly situated accounts.
Prime Partner banks, listed
below, go above and beyond eligibility requirements by
paying,
net of allowable reasonable fees, the higher
of 1) 75.00%
or more of the Fed Funds Target Rate; or 2) a minimum of 1.00% on IOLTA
accounts. The additional interest ensures more funding for
legal aid.
Since September 2007, the Federal Reserve has lowered the Fed Funds Target Rate from 5.25%
to a range of 0 - .25 %. This means that IOLTA projected revenue
continues to decrease as well.
You can help by doing one the following:
- Bank at a Prime Partner bank.
- If you do business with a non-Prime Partner bank, persuade the bank to become a
Prime Partner.
- If you are employed by a non-Prime Partner bank, persuade the bank to become a Prime
Partner.
View all
eligible banks.
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Recent News
July 20, 2010
Texas Rep. Pete P. Gallego Honored with Texas Access to Justice Legislative Hero Award
June 30, 2010
New booklet "A Lawyer's Guide to Client Trust Accounts"
created by Office of Chief Disciplinary Counsel helps address common questions.
May 11, 2010
Tyler Banks Recognized for Supporting Legal Services to the Poor
May 5, 2010
Texas Access to Justice Commission Raises Funds for Legal Services for Veterans
Apr. 27, 2010
League of Women Voters of Texas Receives Star of Justice Award for Access to Justice Efforts
Apr. 19, 2010
Access to Justice Commission Hosts Gala Benefiting Legal Services for Veterans
Apr. 13, 2010
"Going it Alone"
an article on self-represented litigants on TexasTribune.org Apr. 8, 2010
A blog post on
Dallas Morning News
about the Forum on self-represented litigants
Apr. 5, 2010
An op-ed by Chief Justice Jefferson & Commission Chair Reasoner on self-represented
litigants appears in the
Dallas Morning News,
Fort Worth Star-Telegram and
Houston Chronicle
Mar. 30, 2010
First Texas Forum on Self-Represented Litigants and the Courts to be held April 8-9 in Dallas
Mar. 12, 2010
Chief Justice Jefferson names Justice Hecht as new Foundation liaison
More news
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