Prime Partners

ppThe 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:

  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.

View all eligible banks.

Recent News

Feb. 3, 2009

TAJF is co-sponsoring the Texas Forum on Self-Represented Litigants and the Courts  

Jan. 25, 2009

Thank you to our 2009 Donors

Jan. 12, 2009

Dallas high school students host "Evening with the Chief" to benefit Texas Access to Justice Foundation 

Dec. 18, 2009

"Indigent litigants get help from legal aid grant" 
Lubbock Avalanche-Journal

Dec. 15, 2009

TAJF Awards New Grants for Pilot Projects Impacting the Texas Legal Delivery System 

Dec. 11, 2009

Speaker Straus Honored with Star of Justice Award for Access to Justice Efforts 

Dec. 7, 2009

"Need is up, funding plummets for legal aid"  Washington Post

Nov. 13, 2009

News about the FDIC's extended Transaction Account Guarantee (TAG) program

Nov. 9, 2009

Waco Banks Recognized for Supporting Legal Services to the Poor

 

More news

© 2010 Texas Access to Justice Foundation