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. See the current list of eligible banks in Texas.

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 and they do not assess service fees on the IOLTA accounts. They are committed to ensuring the success of the IOLTA program and increased funding for legal aid.

1. Bank at a Prime Partner bank.
2. If you do business with a non-Prime Partner bank, persuade the bank to become a Prime Partner.
3. If you are employed by a non-Prime Partner bank, persuade the bank to become a Prime Partner.

Eligible Financial Institutions

Eligible Institutions are financial institutions that meet the standards of the eligibility requirement as defined by IOLTA Rule 7 (Complete IOLTA Rules). These banks strengthen the IOLTA Program, thereby generating more funds for legal aid.

See the complete list of Eligible Financial institutions.

The Texas Access to Justice Foundation will contact attorneys who will be required to move their IOLTA accounts (if their financial institutions choose not to pursue eligibility).