Do You Need an IOLTA Account?

Issues that determine whether an account will generate net interest are:

  • Interest rate paid on the account
  • Amount of service fees charged on the account*
  • Minimum balance requirements on the account
  • Average daily balance in the account

 * Service charges on IOLTA accounts are billed directly to, and are paid by, the
Texas Access to Justice Foundation and may not appear on attorneys' bank statements.

See also:

Instructions on opening an IOLTA account

IOLTA Notice Form

Financial considerations of maintaining separate client accounts

"A Lawyer's Guide to Client Trust Accounts"

 

Recent News

 

Sept. 10, 2018

Texas Brand Bank Joins Prime Partner Program

Sept. 5, 2018

Austin Capital Bank Joins Prime Partner Program

July 9, 2018

TAJF Proud to Join Equal Justice Works to Fund Disaster Legal Corps

June 29, 2018

Foundation Establishes Randy Chapman Fellowship to Impact Legal Aid in Texas 

June 19, 2018

Foundation Creates Families in Crisis on the Border Legal Aid Fund 

March 27, 2018

Foundation Creates David Hall Fellowship to Increase Legal Aid in Southwest Texas 

Jan. 24, 2018

TAJF Executive Director Named "Distinguished Lawyer"

Nov. 6, 2017

November 6-10 Is Texas Veterans Legal Aid Week

Nov. 1, 2017

November Recognized As Prime Partner Bank Month

Oct. 23, 2017

TAJF Awards Funds to Help Those Impacted by Harvey

Sept. 26, 2017

TAJF Announces 2017 Equal Justice Works Fellows

Sept. 26, 2017

New Campaign Seeks to Honor Veterans and Raise Funds for Legal Services

Aug. 28, 2017

Donate to the Hurricane Harvey Legal Aid Fund. Help the Survivors Rebuild their Lives.

 

More news

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