State Bar & Bar Associations
Dec. 26, 2019
Wells Fargo decision expected to raise $4M for legal aid
Wells Fargo's decision to offer a higher interest rate on the Interest on Lawyers' Trust Accounts it holds is expected to generate an additional $4 million annually in California legal aid funding, according to the State Bar.
Wells Fargo's decision to offer a higher interest rate on the Interest on Lawyers' Trust Accounts it holds is expected to generate an additional $4 million annually in California legal aid funding, according to the State Bar.
The bank, which is the largest holder of so-called IOLTA accounts in the state, said its strong support for legal aid was part of its "broader commitment to servicing and supporting the communities in which we ...
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