We use IOLTA interest to fund organizations in Oregon that provide legal services to people of lesser means, promote diversity in the legal profession, and educate the public about the law.
Get ready for the Leadership Cup.
When your IOLTA is at an OLF Leadership Bank or Credit Union, you are making up to 100 times more to provide justice for all — without spending anything.
This fall, along with the Campaign for Equal Justice, the OLF is launching the Leadership Cup — awarded to the Oregon region with the highest percentage increase in IOLTAs at Leadership Banks and Credit unions.
3 easy steps to move your IOLTA to a Leadership Bank or Credit Union:
- Review your IOLTA for outstanding payments that have not yet cleared
- Open an IOLTA at a Leadership Bank or Credit Union
- Transfer the balance to your Leadership IOLTA, minus outstanding payments.
IOLTA makes justice for all happen.
When Oregon lawyers have client money, they put it in a special account. This account is called an Interest on Lawyer Trust Account or IOLTA.
Banks and credit unions add up the interest from all the IOLTAs of their Oregon customers. Then they send that interest to the Oregon Law Foundation. When lawyers use Oregon Law Foundation Leadership Banks & Credit Unions, we get extra money. Leadership Banks & Credit Unions have agreed to pay interest rates well above what regular accounts pay.
The greatest part is that it does not cost clients or lawyers anything, and everyone gets a little more justice for all.