Financial institutions provide the substance of IOLTA. |  |
Contingent on interest rates, IOLTA (Interest on Lawyers Trust Accounts) funds help sustain providers of invaluable legal services such as helping people combat discrimination, resolve disability claims, become independent from an abusive partner, and much more.
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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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| IOLTA participating institutions serve a worthwhile cause. Nationwide, over 5,500 financial institutions participate in IOLTA by maintaining IOLTA accounts. The legal profession values this worthwhile partnership with the banking community. In 2011, Wisconsin''s Prime Partners and other IOLTA-participating institutions funded 15 agencies providing civil legal services to individuals and families in need. more |
| Financial institutions Financial institutions provide the substance of the IOLTA program. The commitment of banks, credit unions and savings & loans to the communities they serve is reflected in their participation in IOLTA. The interest that is earned on attorney IOLTA accounts is helping our friends and neighbors across Wisconsin. 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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As our newest Prime Partner member, Bank of Sun Prairie 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. Beginning in 2020, Bank of Sun Prairie's participation reflects an admirable commitment to justice for all in Wisconsin.
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