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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Support funding for civil justice. Bank at a Prime Partner financial institution today.
Prime Partners, listed below, are IOLTA participating financial institutions 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.
Financial institutions can contribute to the health and well-being of their communities by becoming a Prime Partner today.
What do Prime Partners receive in return for supporting their communities?
In addition to helping you meet your financial institution's objective of increased social responsibility, your Prime Partner status offers you a powerful communications and marketing tool to gain an advantage in the highly competitive legal market. In return for your commitment, your bank will benefit from special recognition, resulting in increased statewide visibility. Prime Partners will:
- be highlighted as a Prime Partner on WisTAF’s publicly-available List of Eligible IOLTA Participating Financial Institutions - an important resource used extensively by attorneys in certifying their trust account status and choosing banking relationships
- receive an active link from the WisTAF Web site to its own Web site via its logo image
- periodically be highlighted on the WisTAF Web site in its Prime Partner Spotlight on the Web site's highly visible homepage
- be highlighted in an annual Wisconsin Lawyer magazine ad. The Wisconsin Lawyer is a statewide publication distributed to all Wisconsin-licensed attorneys, judges and other subscribers (circulation: approx. 23,000)
- receive publicity in other law-related newsletters/journals throughout the state
- be included in letters to attorneys who open new IOLTA accounts advising them of their chosen financial institution’s Prime Partner status
- have access to use the official Prime Partner logo on its marketing and communications vehicles targeted at potential customers
- receive a CRA statement to use in reporting its IOLTA program participation to applicable federal and state regulatory agencies
To join WisTAF's Prime Partner program today, call or send an email to Office Manager Tehmina Islam or call 608.257.6845.
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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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