IOLTA's nature creates a unique opportunity for your institution. Banks and credit unions going the extra mile — leading as IOLTA Prime Partners — get real benefits.
Who better than financial institutions to work for stability in our communities?
Who better than the civil legal aid funding channel established by the Wisconsin Supreme Court to steward their contibutions?
As WisTAF's partner, you'll receive more than just gratitude and the knowledge you are strengthening your communities.
Attorneys and judges demonstrate consistent support for civil legal aid by donating time to serve clients and contributing dollars to statewide legal services funds. Many want their bank or credit union to join them, choosing to hold their accounts where IOLTA works harder for "justice for all."
Even outside the legal community, many credit union members and bank customers want their financial institution to serve the community.
We promote Prime Partners to law firms and Wisconsin's attorney community, as well as the general public.
Banks that are Prime Partners receive from WisTAF a report showing how they addressed federal Community Reinvestment Act priorities by supporting low-income communities through voluntary, additional support in the IOLTA program. WisTAF reports not only the dollar amount of Prime Partners’ interest contributions, but also the economic impact their contributions created for low-income people in Wisconsin, a much larger amount.
Research commissioned by WisTAF, The Economic Impact of Civil Legal Aid in Wisconsin, showed that for every $1 invested in civil legal aid in our state, $8.40 was returned to the economy; more than 40 percent of that impact was in the form of direct asset recovery for people of limited incomes.
Don't take our word for it; check out the stories in the blue boxes to learn how clients used programs supported by IOLTA funds to chart a a route forward in life.
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