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
February 26, 2020
Executive Committee Teleconference
March 6, 2020
WisTAF Board Meeting
May 5, 2020
Grants & Evaluation Committee Meeting
June 10, 2020
WisTAF Board Meeting
August 28, 2020
Finance Committee Teleconference
September 8, 2020
Grants & Evaluation Committee Meeting
September 25, 2020
Executive Committee Teleconference
October 9, 2020
WisTAF Board Meeting
WHAT'S NEW
WisTAF Invests in Services and Projects to Help People Resolve Their Legal Problems
2020 Application & Reporting Deadlines Calendar Now Available!
WisTAF Announces $1,379,600 in Grants to Organizations Assisting Low-Income Wisconsinites with Critical Civil Legal Needs
Join our staff team! Now hiring a Communications & Development Manager.
WisTAF has posted materials for the 2019 Grantee Mid-Year reports

More...

PRIME PARTNER SPOTLIGHT

A Prime Partner member of the Wisconsin IOLTA program since 2012, Home Savings Bank strives to be the most admired community bank in the State of Wisconsin. Home Savings 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, IOLTA Program/Office Manager
WisTAF
Carlos Arenas, Program Manager
WisTAF

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