News Release

Texas Access to Justice Foundation 
May 16, 2013

Texas Access to Justice Foundation Honors Fort Bend and Harris County Prime Partner Banks
Banks Recognized with "Prime Partners in Justice Award"


AUSTIN, Texas — Today, the Texas Access to Justice Foundation recognized banks in Fort Bend and Harris counties that contribute to access to justice through the Texas IOLTA (Interest on Lawyers’ Trust Accounts)
Prime Partner Bank program. Prime Partner banks voluntarily pay higher interest rates on IOLTA accounts to help close the gap in legal services funding. The banks were honored during the Justice for All luncheon, sponsored by Fort Bend Lawyers Care, at the Safari Texas Ranch in Richmond.

The Texas Access to Justice Foundation receives a large portion of its funding from IOLTA accounts—a method to fund legal aid by collecting interest on lawyers’ trust accounts—and uses this money for grants to legal aid providers in the state that help more than 100,000 Texas families each year. Prime Partner financial institutions pay one percent on IOLTA accounts, which is above and beyond the eligibility requirements for banks participating in the IOLTA program.

“By making the choice to pay higher interest rates on IOLTA accounts, Prime Partner banks help ensure that low-income Texans will have access to basic civil legal services,” Richard L. Tate, chair of the board of directors for the Texas Access to Justice Foundation, said. “During these difficult economic times, many Texans are facing serious challenges, such as foreclosures or domestic violence situations, and simply do not have the funds to hire an attorney.”

The Foundation recognized Lowery Bank and NewFirst National Bank with the Prime Partners in Justice Award for participating in the program since its inception more than five years ago. 

Other banks in Fort Bend and Harris counties that are Prime Partners include Allegiance Bank Texas, Central Bank, Citizens Bank, East West Bank, IBERIABANK, Independence Bank, Southwestern National Bank and Third Coast Bank.

The Texas Access to Justice Foundation has seen more than a 75 percent decline in IOLTA revenue since 2007 due to the impact of low interest rates. More than 70 banks and credit unions in the Prime Partner program help to mitigate the decline in revenue available to fund legal aid.

 

# # #

The Texas Access to Justice Foundation (www.teajf.org), created by the Supreme Court of Texas in 1984, is the primary state-based funding source for the provision of civil legal aid in Texas. The organization is committed to the vision that all Texans will have equal access to justice, regardless of their income. The Foundation administers a variety of funding sources, which are earmarked to assist nonprofit organizations in providing legal aid to approximately 100,000 Texas families each year.

 

Contact: Kimberly Schmitt
512-320-0099, ext. 104
kschmitt@teajf.org

 

 

Recent News

 

Sept. 2, 2020

TAJF Adds Houston Attorney Travis Torrence to Board

Aug. 25, 2020

TAJF Names Former Texas Supreme Court Justice Deborah Hankinson as Board Chair

Aug. 12, 2020

TAJF Sponsors Five Equal Justice Works Fellows

Aug. 10, 2020

American Bar Association Appoints TAJF Executive Director to New Positions

June 25, 2020

Nearly 50 Prime Partner Banks Remain Committed to Funding Civil Legal Aid

June 9, 2020

No Justice, No Peace - By Betty Balli Torres

May 21, 2020

Jamail Endowment Supporting Legal Services for Texas Veterans Reaches $1M  

May 2020

Join us for Justice Jam - May 20  A musical fundraiser for the Emergency Legal Aid Fund

April 16, 2020

Legal Aid for Survivors of Sexual Assault Essential and Readily Available During COVID-19 Pandemic

April 9, 2020

TAJF Establishes Emergency Legal Aid Fund to Help with COVID-19 Pandemic

Mar. 24, 2020

Statement on COVID-19 and the Impact on Legal Aid

Feb. 10, 2020

Keystone Bank Joins Prime Partner Bank Program

Dec. 23, 2019

TAJF Awards Grants in Honor of John Grisham, 35th Anniversary

Nov. 6, 2019

Texas Veterans Legal Aid Week is Nov. 10-16

Oct. 28, 2019

Best-selling author John Grisham highlights TAJF's 35th Anniversary: Richard Tate Honored with Kleinman Award

Oct. 8, 2019

TAJF Adds Three New Members to Board of Directors

Sept. 12, 2019

David Insley Awarded Randall Chapman Fellowship

Aug. 12, 2019

John Grisham Will Be Special Guest at TAJF 35th Anniversary Dinner

June 10, 2019

Texas Capital Bank Joins Prime Partner Program

 

 

More news

© 2020 Texas Access to Justice Foundation