Wisconsin attorneys' banking relationships matter. |  |
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.
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Petition for E-Banking rules filed: Facilitating electronic banking in lawyer trust accounts and fiduciary accounts On December 17, 2014, the Wisconsin Office of Lawyer Regulation filed a petition seeking the amendment of several Wisconsin Supreme Court Rules to facilitate electronic banking in lawyer trust accounts and fiduciary accounts. The Petition, which follows over two years of work by the Committee on E-Banking, includes a proposed re-creation of the trust account rule (SCR 20:1. more |
| 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.
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| Wisconsin's attorneys and judges While financial institutions provide the substance of the IOLTA program, attorney participation provides the backbone. Attorney commitment to providing support for civil legal services for low-income people exemplifies the true pioneer spirit of community solidarity and independence that embodies Wisconsin character. more |
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| | D O N A T E | | | UPCOMING MEETINGS & EVENTS | | | WHAT'S NEW | More... | | PRIME PARTNER SPOTLIGHT |
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A Prime Partner member of the Wisconsin IOLTA program since 2017, Farmers & Merchants Bank - Tomah, strives to be the most admired community bank in the State of Wisconsin. Farmers & Merchants Bank - Tomah 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.
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