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Prime Partners
The Texas Access to Justice Foundation works closely with Texas banks to ensure
their participation in the Interest on Lawyers’ Trust Accounts (IOLTA) Program.
Per Supreme Court of Texas rules, IOLTA accounts must be held at banks that pay
interest rates comparable to similarly situated accounts.
Prime Partner banks, listed
below, go above and beyond eligibility requirements by
paying,
net of allowable reasonable fees, the higher
of 1) 75.00%
or more of the Fed Funds Target Rate; or 2) a minimum of 1.00% on IOLTA
accounts. The additional interest ensures more funding for
legal aid. The State Bar of Texas passed a
resolution
to urge support of the Prime Partner program in January 2011.
Prime Partner Bank
Locations
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Alliance Bank Central Texas
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Waco, Jewitt, Donnie
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Amarillo National Bank
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Amarillo, Borger
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American Momentum Bank
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Bryan/College Station
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Austin County State Bank
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Bellville, Sealy, Godley
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Bank of Hope
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Dallas
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Bank of San Angelo
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San Angelo
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Bank of the Ozarks
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Dallas area, Texarkana, Austin, Houston, San Antonio
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Central Bank
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Houston
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Citizens Bank
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Kilgore, Humble, Bryan/College Station
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Dallas Capital Bank
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Dallas
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EECU
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Fort Worth area
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Falcon International Bank
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Laredo, San Antonio, McAllen, Brownsville
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First Bank & Trust
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Lubbock, Wilson, Tahoka
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First Community Bank
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San Benito, Harlingen, Brownsville
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First Federal Community Bank
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Paris, Clarksville, Mount Pleasant
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First-Lockhart National Bank
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Lockhart, Austin, Kyle
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First National Bank (Gilmer)
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Gilmer, Mount Vernon, Big Sandy, Pittsburg
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First National Bank of Aspermont
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Aspermont
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First National Bank of Ballinger
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Ballinger
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First National Bank of Burleson
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Burleson
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First National Bank of Shiner
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Shiner, Cuero, Goliad, Flatonia
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First National Bank Southwest
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Frisco, Plaso
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First Savings Bank (El Paso)
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El Paso
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First State Bank (Ennis)
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Ennis, Rice, Italy, Waxahachie
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First State Bank (Paradise)
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Paradise, Bridgeport, Chico
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Gulf Capital Bank
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Houston
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Hondo National Bank
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Hondo, Bandera, Uvalde, Leakey
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Horizon Bank
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Austin, Holland, Salado
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Independent Bank
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McKinney, Waco, Georgetown, Austin, Houston
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Keystone Bank
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Austin
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National United
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Gatesville, Georgetown, Killeen, Waco
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NewFirst National Bank
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El Campo, Edna, Needville, Rosenberg, Sugar Land, Victoria, Wharton
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Normangee State Bank
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Normangee
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North East Texas Credit Union
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Daingerfield, Jefferson, Mt. Pleasant
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Oakwood Bank
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Dallas
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PlainsCapital Bank
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Statewide
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R Bank, Texas
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Round Rock, Georgetown, Austin, Bertram, Edna, Jarrell,Schwertner
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Southwestern National Bank
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Houston, Plano, Austin
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Spring Hill State Bank
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Longview
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Texas Bank Financial
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Weatherford
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Texas Brand Bank
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Dallas
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Texas Capital Bank
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Dallas
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Texas State Bank
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San Angelo
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TrustTexas Bank
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Cuero, Victoria, Kyle
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Union Square Credit Union
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Wichita Falls, Burkburnett
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Wellington State Bank
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Childress, Lubbock, Dalhart
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Western Bank
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Coahoma, Abilene, Big Spring, Brownwood, Lubbock
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Since September 2007, the Federal Reserve has lowered the Fed Funds Target Rate from 5.25%
to a range of 0 - .25 %. This means that IOLTA projected revenue
continues to decrease as well.
You can help by doing one the following:
- Bank at a Prime Partner bank.
- If you do business with a non-Prime Partner bank, persuade the bank to become a
Prime Partner.
- If you are employed by a non-Prime Partner bank, persuade the bank to become a Prime
Partner.
View all
eligible banks.
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