Keystone Bank, with branches in Austin, Ballinger, and Bee Cave, has joined the Texas Access to Justice Foundation’s Prime Partner Program.
Prime Partner banks and credit unions voluntarily pay higher interest rates on attorneys’ IOLTA accounts. The Texas Access to Justice Foundation, receives funding from the interest generated by these accounts and uses the money to distribute grants to legal aid providers in Texas. The funding provides legal assistance to more than 150,000 Texas families a year.
“Many Texans face serious legal issues, such as escaping situations of domestic violence or avoiding foreclosure, and simply do not have the resources to hire an attorney,” said Richard L. Tate, chair of Texas Access to Justice Foundation Board of Directors, in a press release. “By paying higher interest rates on IOLTA accounts, Keystone Bank is helping ensure that low-income Texans have access to life-saving civil legal services.”
For more information about the Texas Access to Justice Foundation, go to teajf.org.