COLTAF Prime Partners go above and beyond the eligibility requirements of Rule 1.15E to actively support COLTAF in its mission by paying on all their COLTAF deposits a net yield of at least 75% of the Federal Funds Target Rate, or a minimum of 0.50%, whichever is greater. [current Prime Partner rate = 3.38%]
- 5Star Bank
- Academy Bank
- Air Academy Credit Union
- Bank of Estes Park
- Berkley Bank
- Bridge Bank (Western Alliance)
- Ent Credit Union
- First Southwest Bank
- FirstBank
- Flatirons Bank
- InBank
- Integrity Bank & Trust
- Mountain Valley Bank
- Pikes Peak National Bank
- RG Bank
- Timberline Bank
- UMB Bank
- United Fidelity Bank
- Vectra Bank
- Wells Fargo
COLTAF Benchmark Banks save COLTAF and themselves valuable administrative resources by paying COLTAF’s Benchmark Rate, which is the greater of 60% of the Federal Funds Target Rate or 0.35%, thereby automatically satisfying the rate comparability requirement without further review (safe harbor). [current Benchmark Bank rate = 2.7%]
- Adams Bank & Trust
- Alpine Bank
- Bank of America
- Bank of Colorado
- BOK Financial
- Central Bank
- Citywide Banks, a division of UMB Bank
- Collegiate Peaks Bank
- Encore Bank
- First American State Bank
- First Fidelity Bank
- FNBO
- High Plains Bank
- JPMorgan Chase Bank
- Key Bank
- the Northern Trust Company
- OakStar Bank
- Pinnacle Bank
- PNC Bank
- Points West Community Bank
- Solera National Bank
- SouthState Bank
- Transact Bank, N.A.
- Verus Bank of Commerce
List current as of April 25th, 2025
The above listed banks are preferred for attorneys and LLPs to use to hold client trust accounts.
Please contact us if you do not see your bank listed above to ensure it is eligible to participate in the COLTAF program.