Prime Partners

The Alabama Law Foundation works closely with Alabama banks to ensure their participation in the Interest on Lawyers Trust Accounts (IOLTA) Program. Per Supreme Court of Alabama rules, IOLTA accounts must be held at banks that pay interest rates comparable to similarly situated accounts. 

Prime Partner banks, listed below, go above and beyond eligibility requirements by paying at least 55 percent of the Federal Funds Target Rate. The additional interest ensures more funding for legal aid. We thank these financial institutions to their commitment to equal justice for all Alabamans.


Alabama Teachers Credit Union

Bank Independent

Bank of the Ozarks

BBVA Compass Bank

Cadence National Bank

Capstone Bank

Central State Bank

Cheaha Bank

Citizens Bank, Geneva

Citizens Bank of Fayette

Citizens Bank of Greensboro

City Bank, Hartford

Congressional Bank

Eva Bank

Farmers & Merchants Bank, Piedmont


First Bank of Jasper

First Bank of the South

First Cahawba Bank

First Community Bank, Cullman

First National Bank & Trust, Atmore

First National Bank, Central Alabama

First National Bank, Pulaski

First National Bank, Scottsboro

First State Bank of Dekalb

Friend Bank

Generations Bank

Heritage South Credit Union

Iberia Bank

Marion Bank & Trust

Peoples Bank of Alabama

Peoples Exchange Bank

Peoples Independent Bank

Peoples State Bank of Commerce

Phenix Girard Bank


Progress Bank

Regions Bank

ServisFirst Bank

SouthPoint Bank

State Bank & Trust

SunSouth Bank

Traders & Farmers Bank

Wells Fargo Bank

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