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

 

Nov. 15, 2018

Perla Cavazos Appointed to TAJF Board of Directors

Nov. 7, 2018

Texas Veterans Legal Aid Week is Nov. 11-17

Oct. 18, 2018

Texas Rep. Oscar Longoria Honored with Legislative Hero Award

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"

 

More news

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