For information regarding bank closures and/or acquisitions please refer to:
http://www.azdfi.gov or http://www.fdic.gov
Arizona IOLTA Banks
The 2009 Partner Participation Agreement, which became effective June 1st, reflects the care taken to explicitly spell out the concept and nature of IOLTA accounts as well as the specification of the service fees that may be taken from the interest.
Arizona's IOLTA program is voluntary for any financial institution, and in order to participate, the financial institution must first sign a written agreement. The status of the banks will be continuously updated below as Foundation staff contact each bank individually to confirm their participation.
Arizona Attorney General's Office Issues Opinion on IOLTA InterestArizona Attorney General Opinion I09-005 concludes that, under Arizona law, the Arizona Foundation for Legal Services & Education owns the entire beneficial interest in and has the exclusive right to the interest income generated, minus a reasonable service charge or fee, on trust accounts required to be established by attorneys pursuant to the provisions of the Arizona State Bar's Interest on Lawyers Trust Accounts ("IOLTA") program, established by Rule 43 of the Rules of the Supreme Court. Read Opinion. |
Currently, if you are an Arizona attorney, you may keep your IOLTA funds with a bank listed in the left-hand column.
| Click column heading to sort by column. | |||||||
| 2009-2010 Participating Bank | Status (Last Updated) |
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|---|---|---|---|---|---|---|---|
| TCF National Bank | Partnering Bank (08/19/09) |
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| 1st Bank Yuma | Partnering Bank (12/29/09) |
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| Alerus Financial, N.A. | Partnering Bank (10/16/09) |
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| Alliance Bank of Arizona | Partnering Bank (11/10/09) |
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| AmTrust Bank - now New York Community Bank | Partnering Bank (06/03/09) |
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| Arizona Business Bank | Partnering Bank (06/03/09) |
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| Arrowhead Community Bank | Partnering Bank (07/22/09) |
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| Asian Bank | Partnering Bank (06/03/09) |
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| Bank of America | Partnering Bank (01/07/10) |
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| Bank of Arizona | Partnering Bank (08/18/09) |
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| Bank of the West | Partnering Bank (06/03/09) |
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| Bank of Tucson | Partnering Bank (06/12/09) |
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| Bankers Trust | Partnering Bank (07/30/09) |
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| BBVA Compass Bank | Partnering Bank (06/03/09) |
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| Biltmore Bank of Arizona | Partnering Bank (06/03/09) |
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| BNC National Bank | Partnering Bank (10/09/09) |
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| Camelback Community Bank | Partnering Bank (07/16/09) |
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| Canyon Community Bank | Partnering Bank (06/03/09) |
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| Carrollton Bank | Partnering Bank (06/15/09) |
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| Central Arizona Bank | Partnering Bank (06/30/09) |
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| Chase JP Morgan - Washington Mutual | Partnering Bank (11/30/09) |
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| Colonia Bank | Partnering Bank (06/15/09) |
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| Comerica Bank | Partnering Bank (06/12/09) |
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| Commerce Bank of Arizona | Partnering Bank (06/11/09) |
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| Copper Star Bank | Partnering Bank (06/03/09) |
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| Country Bank | Partnering Bank (06/03/09) |
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| Desert Hills Bank | Partnering Bank (06/05/09) |
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| Enterprise Bank & Trust - formerly Valley Capital Bank, N A | Partnering Bank (09/08/09) |
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| Esquire Bank | Partnering Bank (06/03/09) |
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| First Arizona Savings | Partnering Bank (09/25/09) |
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| First Community Bank | Partnering Bank (06/03/09) |
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| First Fidelity Bank | Partnering Bank (10/16/09) |
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| First Financial Bank (formerly Irwin Union Bank) | Partnering Bank (06/09/09) |
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| First International Bank & Trust | |||||||
| First Western Trust Bank | Partnering Bank (06/03/09) |
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| FirstBank of Arizona | Partnering Bank (06/03/09) |
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| Foothills Bank | Partnering Bank (06/05/09) |
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| Gateway Commercial Bank | Partnering Bank (06/03/09) |
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| Gold Canyon Bank | Partnering Bank (09/28/09) |
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| Great Western Bank | Partnering Bank (07/21/09) |
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| Harris Bank | Partnering Bank (10/14/09) |
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| Heritage Bank | Partnering Bank (06/03/09) |
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| Home National Bank | Partnering Bank (06/03/09) |
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| Horizon Community Bank | Partnering Bank (06/03/09) |
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| Ironstone Bank | Partnering Bank (06/03/09) |
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| Johnson Bank | Partnering Bank (01/20/10) |
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| Legacy Bank | Partnering Bank (02/02/10) |
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| Los Padres Bank | Partnering Bank (06/03/09) |
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| M & I Bank | Partnering Bank (12/11/09) |
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| Meridian Bank | Partnering Bank (06/03/09) |
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| Mesa Bank | Partnering Bank (07/16/09) |
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| Metro Phoenix Bank | Partnering Bank (06/03/09) |
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| MidFirst Bank | Partnering Bank (06/03/09) |
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| Mission Bank | Partnering Bank (06/04/09) |
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| Mohave State Bank | Partnering Bank (06/03/09) |
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| Mutual of Omaha Bank | Partnering Bank (07/21/09) |
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| National Bank of Arizona | Partnering Bank (07/06/09) |
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| Northern Trust Bank | Partnering Bank (06/03/09) |
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| Parkway Bank | Partnering Bank (06/03/09) |
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| Pinal County Federal Credit Union | Partnering Bank (07/27/09) |
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| Pinnacle Bank | Partnering Bank (06/15/09) |
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| Reliance Bank | Partnering Bank (06/03/09) |
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| RepublicBankAz, N.A. | Partnering Bank (02/01/10) |
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| Sonoran Bank, N A | Partnering Bank (06/12/09) |
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| Southern Arizona Community Bank | Partnering Bank (07/06/09) |
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| Stearns Bank | Partnering Bank (06/03/09) |
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| Stonebridge Bank | Partnering Bank (06/03/09) |
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| Summit Bank | Partnering Bank (06/03/09) |
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| Sunrise Bank of Arizona | Partnering Bank (08/07/09) |
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| Sunwest Bank (formerly First State Bank) | Partnering Bank (06/03/09) |
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| The Village Bank | Partnering Bank (06/03/09) |
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| Towne Bank | Partnering Bank (06/03/09) |
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| UMB Bank | Partnering Bank (06/15/09) |
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| Unison Bank | Partnering Bank (08/04/09) |
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| US Bank | Partnering Bank (10/14/09) |
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| Wells Fargo Bank - Wachovia Bank | |||||||
| West Valley National Bank | Partnering Bank (06/12/09) |
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| Western National Bank | Partnering Bank (06/03/09) |
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