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.

 

 

What is IOLTA?

IOLTA is the acronym for Interest on Lawyers Trust Accounts. It is a program which assists in providing civil legal services to those who could not otherwise afford help from an attorney.

WisTAF has granted more than $53 million to agencies that provide civil legal services to Wisconsin’s low income population. From Superior to Milwaukee, funds generated via the Interest on Lawyers’ Trust Accounts (IOLTA) program have enabled legal service providers to help meet the increasing needs of low income families in the areas of housing, medical care, employment, and domestic abuse, among others. This feat was made possible through the dedicated partnership between Wisconsin’s bankers and lawyers.

The commitment of financial institutions to the communities they serve is reflected in their participation in the IOLTA program. In addition to paying competitive interest rates on lawyers’ trust accounts, many financial institutions have chosen to waive fees on IOLTA accounts, resulting in a direct increase in the dollars available to help fund legal services.

Chapter 13 of the Wisconsin Supreme Court Rules (Interest on Trust Accounts Program and Public Interest Legal Services Fund) and the Wisconsin Supreme Court Rule 20:1.15 pertain to the operation of the Wisconsin Trust Account Foundation. Both rules can be found on the Wisconsin Supreme Court website. 

     • Information for Financial Institutions

     • Information for Attorneys and Law Firms

UPCOMING MEETINGS & EVENTS
February 15, 2019
Executive Committee Teleconference
March 1, 2019
Board of Directors Meeting
May 10, 2019
Grants & Evaluation Committee 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 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
Wisconsin Trust Account Foundation, Inc. Announces New Community Redevelopment Grant Funding Opportunity

More...

PRIME PARTNER SPOTLIGHT

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.


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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