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.

 

 

Credit Union Share Insurance now covers IOLTAs

Credit Union Share Insurance now covers IOLTAs: On December 18, 2014, President Obama signed the Credit Union Share Insurance Fund Parity Act, which provides insurance coverage, comparable to FDIC insurance coverage, for funds held in IOLTA accounts at federally insured credit unions.

In a statement last month, Debbie Matz, Chairperson of the National Credit Union Board, summarized: “Credit unions now have parity with banks and, effective immediately, can fully insure lawyers’ trust accounts up to $250,000 for each owner of the funds, which they could not do before. An attorney who is a member of the credit union where the trust account is opened now has a choice of financial institutions for that trust account. This enhances public confidence in both the banking and the credit union systems now that federal share and deposit insurance programs administered by NCUA and the FDIC are the same.”

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UPCOMING MEETINGS & EVENTS
May 10, 2019
Grants & Evaluation Committee Meeting
May 21, 2019
Finance Committee Teleconference
May 29, 2019
Executive Committee Teleconference
June 12, 2019
Board of Directors Meeting
August 30, 2019
Finance Committee Teleconference
September 10, 2019
Grants & Evaluation Committee Meeting
September 27, 2019
Executive Committee Teleconference
October 11, 2019
Board of Directors Meeting
WHAT'S NEW
WisTAF is accepting 2019-20 DVSA Grant Applications
WisTAF Announces $1,222,750 in Grants to Agencies Assisting Low-Income Wisconsinites with Civil Legal Needs
WisTAF Has Moved!
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

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PRIME PARTNER SPOTLIGHT

A Prime Partner member of the Wisconsin IOLTA program since 2011, Citizens Bank strives to be the most admired community bank in the State of Wisconsin. Citizens 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
4600 American Parkway, Suite 104, Madison, WI 53718
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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