Prime Partner Institutions
Prime Partners go above and beyond to foster the IOLTA Program. Vermont attorneys and law firms can help advance the access to justice cause by establishing and maintaining their IOLTA accounts at a bank or credit union which commits to offering favorable interest rate treatment on IOLTA accounts.
The Vermont Bar Foundation is especially grateful, in this low interest rate environment, to these institutions for their outstanding commitment to access to justice for under-served Vermonters.
Gold Level Partners
These institutions offer an annual net yield of 2.0% or higher and tie their deposit rate to a recognized market indicator.*
Silver Level Partners
These institutions offer an annual net yield of 1.5%.
People's United Bank
Brattleboro Savings & Loan
Prime Partners may choose to make a combination of interest rate payments and charitable contributions to meet the annual net yield requirement.
*Institutions will offer IOLTA rates tied to a recognized market indicator less an established number of basis points. For example, a bank or credit union may be tied to the 91-day Treasury bill less 100 basis points.
Thank you, Vermont banks and credit unions, for your continued support.
For more information on IOLTA, please call Deborah Bailey at (802) 223-1400.
The Vermont Bar Foundation reserves the right to adjust its Prime Partner tiers based on changing market conditions, and reviews them on a quarterly basis.
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