Free checking from your COLTAF Prime Partner that pays back to those who need it most.
Don’t worry about fees and low balances while worrying about your business. With a COLTAF trust account from AAFCU, you're able to customize alerts for constant updates on your client's funds. Open your COLTAF trust account today!
Our COLTAF trust account is an Interest on Lawyers Trust Account (IOLTA) which adheres to Rule 1.15 of the Colorado Rules of Professional Conduct.
2.00% APY* on balances directly benefiting low income programs such as the Colorado Legal Services Program Grant, Pro Bono Program Grants, and Administrative and Legislative Advocacy Grant.1
Wide variety of account alerts to ensure you always know the exact status of your client’s funds.
24/7 account access with our free iBranch online banking and free Mobile App.
Remote deposit your client’s checks directly into your COLTAF trust account via the free Mobile App.2
Easy transfers to your business or personal account at AAFCU.
Free monthly statements.
No monthly service fees.1
No minimum deposit required.
*Annual Percentage Yield (APY) effective 05/01/2019
1No dividends payable to account owner or authorized user. Dividends paid monthly will be swept from COLTAF trust account and remitted accordingly per COLTAF rules. Terms and Conditions Subject to Change without notice. Rates may change after account is opened. Please refer to Account Agreements and Disclosures for more information. Account and membership requirements apply. Overdraft fees may reduce earnings.
2No charge to use the AAFCU Mobile App, but mobile service provider fees may apply.
Please fill out the appropriate form associated with the type of law firm or entity looking to open a COLTAF trust account. Please make sure to bring this form completed to your scheduled appointment.
|Base Rate||1.982%||2.00%||Receive a notification when this rate changes|
|*APY=Annual Percentage Yield. Fees may reduce earnings. Rates subject to change. Accurate as of last dividend declaration date. No dividends payable to account owner or authorized user. Dividends paid monthly will be swept from COLTAF trust account and remitted accordingly per COLTAF rules.|
To speak with a COLTAF trust account specialist call:
719.264.1207 or 800.223.1983, ext. 2900
Complete the form and a COLTAF trust account specialist will call you at a time that is convenient for you.