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OUR MISSION
The Wisconsin Trust Account Foundation works with civil legal aid organizations in Wisconsin to increase access to justice. We oversee funds and invest in services and projects to help people resolve legal problems.
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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:
- Bank at a Prime Partner financial institution.
- If you do business with a non-Prime Partner, encourage the financial institution to become a Prime Partner by contacting the financial institution directly.
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| | D O N A T E |  | | UPCOMING MEETINGS & EVENTS | April 28, 2023
Racial Justice Workgroup Meeting
| May 9, 2023
Grants & Evaluation Committee Meeting
| May 31, 2023
Executive Committee Teleconference
| June 14, 2023
WisTAF Board Meeting
| June 23, 2023
Racial Justice Workgroup meeting
| August 18, 2023
Racial Justice Workgroup meeting
| August 23, 2023
Finance Committee Meeting
| September 12, 2023
Grants & Evaluation Committee Meeting
| September 27, 2023
Executive Committee Teleconference
| September 29, 2023
Racial Justice Workgroup meeting
| October 11, 2023
WisTAF Board Meeting
| November 17, 2023
Racial Justice Workgroup meeting
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| | WHAT'S NEW | More... | | PRIME PARTNER SPOTLIGHT |
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One of our newest Prime Partners, Incredible 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. Incredible Bank's
participation reflects an admirable commitment to justice for all in Wisconsin.
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