Become an Eligible Bank/Credit Union

The Supreme Court of Texas has amended the IOLTA rules to require Texas attorneys to place their IOLTA accounts at eligible institutions—those that pay interest rates on IOLTA comparable to rates paid on similarly situated, non-IOLTA accounts.

If your institution does not currently hold IOLTA accounts, please email or call 512.320.0099, ext. 108, before opening IOLTA accounts. You must acquire a bank code and a packet of instructions and forms from the Texas Access to Justice Foundation before qualifying for the eligibility process.

If your institution would like to change its eligibility status, please email or call at 512.320.0099, ext. 108.

Prime Partners
The following financial institutions are Prime Partners -- institutions that go above and beyond eligibility requirements to foster the IOLTA Program. These institutions pay the higher of  1) 75.00% or more of the Fed Funds Target Rate; or 2) a minimum of 1.00% on IOLTA accounts.  They are committed to ensuring the success of the IOLTA program and increased funding for legal aid.

Alliance Bank Central Texas Waco, Jewitt, Donie
Amarillo National Bank Amarillo, Borger, Canyon
Austin County State Bank Bellville, Sealy, Godley
Bank of Hope Dallas
Bank of San Angelo San Angelo
Bank of the Ozarks Dallas area, Texarkana, Austin, Houston, San Antonio
Central Bank Houston
Citizens Bank Kilgore, Humble, Bryan/College Station
Customers Bank Dallas
Dallas Capital Bank Dallas
EECU Fort Worth area
First Bank & Trust Lubbock area, Amarillo, Abilene,
First Federal Community Bank Paris, Clarksville, Mount Pleasant
First-Lockhart National Bank Lockhart, Austin, Kyle, San Marcos
First National Bank (Gilmer) Gilmer, Mount Vernon, Big Sandy, Pittsburg
First National Bank of Aspermont Aspermont
First National Bank of Ballinger Ballinger
First National Bank of Burleson Burleson
First National Bank of Shiner Shiner, Cuero, Goliad, Flatonia
First National Bank Southwest Frisco, Plano
First Savings Bank (El Paso) El Paso
First State Bank (Ennis) Ennis, Rice, Italy, Waxahachie
Hondo National Bank Hondo, Bandera, Uvalde, Leakey
Horizon Bank Austin, Holland, Salado
Keystone Bank Austin
Normangee State Bank Normangee
North East Texas Credit Union Daingerfield, Jefferson, Mt. Pleasant
PlainsCapital Bank Statewide
R Bank, Texas Round Rock, Georgetown, Austin, Bertram, Edna, Jarrell,Schwertner
Southwestern National Bank Houston, Plano, Austin
Spring Hill State Bank Longview
Texas Bank Financial Weatherford, Dallas, Fort Worth
Texas Capital Bank Austin, Dallas, Houston, Fort Worth
Texas State Bank San Angelo
TrustTexas Bank Cuero, Victoria, Kyle
Union Square Credit Union Wichita Falls, Burkburnett
Wellington State Bank Childress, Lubbock, Dalhart

 

See the complete list of Eligible Financial Institutions.

For more information about becoming an eligible financial institution or a Prime Partner, please review the following documents:

IOLTA Comparability Implementation Packet

Rules Governing the Operation of the Texas IOLTA Program
Letter to Texas Financial Institutions Jan. 16, 2009

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