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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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 $58 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.
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| | D O N A T E |  | | UPCOMING MEETINGS & EVENTS | February 24, 2023
Executive Committee Teleconference
| March 10, 2023
WisTAF Board Meeting
| 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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A Prime Partner since 2021, CIBC 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. CIBC's participation reflects an admirable commitment to justice for all in Wisconsin.
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