Wisconsin attorneys' banking relationships matter.

WisTAF

 

The simplest way to support IOLTA’s mission is to maintain your IOLTA account at a Prime Partner financial institution, which pays interest rates that are at least 0.50% higher than required under the Wisconsin Supreme Court’s IOLTA interest rate comparability requirement. The additional interest results in more funding for civil legal aid in communities throughout Wisconsin.

 

 

Choosing a financial institution

Currently, Wisconsin Supreme Court rules allow attorneys to hold trust accounts in any IOLTA participating financial institution. Eligible IOLTA participating financial institutions pay interest rates on IOLTA accounts that are at least as high as the rates they pay to non-IOLTA customers holding accounts meeting the same minimum balance and other requirements; and remit the interest earned to WisTAF. Participation by financial institutions is optional.

To help lawyers and law firms determine a financial institution's current eligibility status, WisTAF has compiled a List of IOLTA Participating Financial Institutions and Prime Partners





 


Prime Partner financial institutions are those that go above and beyond IOLTA participation requirements by choosing to pay interest rates on IOLTA accounts that are at least 50 basis points (0.50 percent) higher than required under the Wisconsin Supreme Court’s IOLTA interest rate comparability requirement. The additional interest results in more funding for civil legal aid in communities throughout Wisconsin and, in return, Prime Partners receive special recognition from WisTAF.   

Attorneys and law firms can help sustain IOLTA and civil legal aid to low-income Wisconsinites by doing one of the following:

  1. Bank at a Prime Partner financial institution.
  2. If you do business with a non-Prime Partner, encourage the financial institution to become a Prime Partner by contacting the financial institution directly.
     
UPCOMING MEETINGS & EVENTS
August 31, 2018
Finance Committee Teleconference
September 18, 2018
Grants & Evaluation Committee Meeting
September 28, 2018
Executive Committee Teleconference
October 12, 2018
WisTAF Board Meeting
WHAT'S NEW
WisTAF has begun accepting applications for 2019 Community Redevelopment Legal Assistance Grant Program
WisTAF has begun accepting applications for 2019 WisTAF Direct Legal Services Grant Program
Wisconsin Trust Account Foundation, Inc. Announces New Community Redevelopment Grant Funding Opportunity
Community Redevelopment Grant Program Description Now Available
Federal Open Market Committee (FOMC) raises the target range for the federal funds rate to 1-3/4 to 2 percent

More...

PRIME PARTNER SPOTLIGHT

A Prime Partner member of the Wisconsin IOLTA program since 2010, Peoples State Bank strives to be the most admired community bank in the State of Wisconsin. Peoples State Bank goes above and beyond IOLTA participation requirements by paying additional interest on its clients' IOLTA accounts - helping to expand access to civil legal services in Wisconsin.


Contact us
WisTAF
825 Williamson Street, Suite A, Madison, WI 53703
Phone: 608.257.6845 or 877.749.5045 (toll-free)
Email: service@wistaf.org

Board & Staff
WisTAF
Board of Directors
WisTAF
Rebecca Murray, Executive Director
WisTAF
Tehmina Islam, Office Manager
WisTAF
Carlos Arenas, Program Manager
WisTAF

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