# US 8,571,960 B1 · System and method for allocation to obtain zero activity in one or more selected aggregated deposit accounts > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 8,571,960 B1 - Document ID: US8571960B1 - Status: Granted - Kind: B1 - Application number: 13/759,434 - Filed: 2013-02-05 - Granted: 2013-10-29 - Earliest claimed: 2007-02-28 - Assignees: Island Intellectual Property LLC - Applicants: Island Intellectual Property LLC - Inventors: Bruce Bent; Bruce Bent, II - Web page: https://patentgrep.com/patent/US8571960B1 ## CPC - G06Q 40/00: Finance; Insurance; Tax strategies; Processing of corporate or income taxes - G06Q 20/10: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems - G06Q 20/105: {involving programming of a portable memory device, e.g. IC cards, "electronic purses"} - G06Q 40/06: Asset management; Financial planning or analysis - G06Q 40/08: Insurance - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract A method, program product and system, the comprising: one or more computers, configured for accessing databases comprising: aggregated deposit account information for a plurality of FDIC-insured interest-bearing aggregated deposit accounts held in depository institutions participating in program, and client account information; obtaining via an internet interface transfer data; allocating first amount to and/or from one depository institution, comprising: selecting sub-set of aggregated deposit accounts to deposit or to withdraw funds, while avoiding withdrawing funds for a respective sub-period one or more of other aggregated deposit accounts based on criteria; allocating funds to an aggregated deposit account held in one or more other depository institutions; allocating second fund amount from client accounts among the aggregated deposit accounts to substantially match the first amount; generating data for instructions to transfer funds to or from the sub-set of depository institutions. ## Claims ### Claim 1 A method, comprising: (A) accessing, using one or more computers, one or more databases comprising: (1) aggregated deposit account information for a plurality of Federal Deposit Insurance Corporation (FDIC) insured and interest-bearing aggregated deposit accounts held in a plurality of depository institutions participating in a program, each of the respective depository institutions holding one or more of the aggregated deposit accounts, each of the aggregated deposit accounts holding funds of a plurality of client accounts, wherein the aggregated deposit account information comprises a respective balance of funds held in each of the respective aggregated deposit accounts; and (2) client account information for the respective client accounts, the client account information for a respective one of the client accounts comprising a respective balance of funds of the respective client account held in each of one or more of the FDIC-insured and interest-bearing aggregated deposit accounts holding funds of the respective client account; and (B) obtaining, using the one or more computers, transfer data associated with a source institution comprising an amount of funds to at least one of deposit/transfer to or withdraw/transfer from one or more of the aggregated deposit accounts in the program; (C) changing at least one of a minimum cap or a maximum cap for one of the depository institutions based at least in part on data that a current capital usage level or a projected capital usage level has reached a predetermined level for the one depository institution, and storing the minimum cap or the maximum cap that was changed in the one or more databases; (D) allocating at least one of, an amount to be deposited/transferred to one of the depository institutions or among multiple of the depository institutions, or an amount to be withdrawn/transferred from one of the depository institutions or portions of the amount from more than one of the depository institutions, comprising: (1) selecting, using the one or more computers, one or more aggregated deposit accounts held in the one depository institution to which to deposit/transfer or to withdraw/transfer funds, while avoiding withdrawing funds for a respective sub-period of time from each of one or more of other aggregated deposit accounts held in one or more of the other depository institutions, based at least in part on at least one of the minimum cap or the maximum cap for the one depository institution; (2) allocating one or more amounts of funds, using the one or more computers, to one or more of the aggregated deposit accounts held in one or more other of the depository institutions based at least in part on the transfer data and the one depository institution selected to receive a deposit/transfer of funds or from which to withdraw/transfer funds and at least one of the minimum cap or maximum cap for the one depository institution; (E) generating and communicating data for one or more instructions, using the one or more computers and a network communication link, to transfer funds to or from the one depository institution based at least in part on the allocating step; and (F) updating, using the one or more computers, the one or more databases with information based at least in part on the allocating step. ### Claim 2 (depends on 1) The method as defined in claim 1, wherein for at least one of the source institutions the allocating is to one or more of the aggregated deposit accounts held in one or more other of the depository institutions that are affiliated with the source institution. ### Claim 3 (depends on 2) The method as defined in claim 2, wherein there is a rule associated with one of the aggregated deposit accounts to direct fund transfer activity away therefrom, and wherein the step of allocating further comprises: offsetting, using the one or more computers, any withdrawal/transfer from this aggregated deposit account with deposits/transfers from another aggregated deposit account based, at least in part, on whether it is associated in the one or more databases with a same financial entity as the aggregated deposit account with the rule to direct transfer activity away therefrom. ### Claim 4 (depends on 2) The method as defined in claim 2, wherein the source institution is one of the depository institutions, and further comprising: allocating, using the one or more computers, a second fund amount of funds to or from client accounts of one or more other of the depository institutions from or to the one or more aggregated deposit accounts of the source institution, to substantially offset the respective amount of funds allocated to or from the source depository institution. ### Claim 5 (depends on 1) The method as defined in claim 1, wherein the changing step comprises increasing, using the one or more computers, at least the minimum cap for one or more of the aggregated deposit accounts in the one depository institution when the current capital usage level or the projected capital usage level for the one depository institution has increased to the predetermined level, and wherein the allocating step comprises allocating, using the one or more computers, deposits/transfers to the one depository institution to increase funds held in the one or more aggregated deposit accounts therein. ### Claim 6 (depends on 1) The method as defined in claim 1, wherein the changing step comprises decreasing, using the one or more computers, at least the maximum cap for one or more of the aggregated deposit accounts in the one depository institution when the current capital usage level or the projected capital usage level for the one depository institution has decreased to the predetermined level, and wherein the allocating step comprises allocating, using the one or more computers, withdrawals/transfers to the one depository institution to decrease funds held in the one or more aggregated deposit accounts therein. ### Claim 7 (depends on 1) The method as defined in claim 1, wherein the current and the projected capital usage levels comprise respectively a current loan portfolio and a projected loan portfolio. ### Claim 8 (depends on 1) The method as defined in claim 1, wherein the allocating an amount step comprises allocating funds from a defined client account population of the client accounts of the one source institution to the subset of one or more aggregated deposit accounts held in one or more of the depository institutions. ### Claim 9 (depends on 1) The method as defined in claim 1, wherein the allocating an amount step comprises allocating funds of the client accounts associated with the source institution up to a predetermined amount to the subset of one or more aggregated deposit accounts held in one or more of the depository institutions that are affiliated with the source institution. ### Claim 10 (depends on 1) The method as defined in claim 1, wherein at least one of the one or more depository institutions is a bank and the one or more FDIC-insured and interest-bearing aggregated deposit accounts comprise a Federal Depository Insurance Corporation (FDIC)-insured aggregated money market deposit account held therein. ### Claim 11 (depends on 1) The method as defined in claim 1, wherein at least one of the one or more depository institutions is a bank and the one or more FDIC-insured and interest-bearing aggregated deposit accounts comprise at least one Federal Depository Insurance Corporation (FDIC)-insured aggregated NOW account held therein. ### Claim 12 (depends on 1) The method as defined in claim 1, wherein the transfer data is received directly from an individual person via the internet interface. ### Claim 13 (depends on 1) The method as defined in claim 1, wherein the transfer data is received via a broker/dealer. ### Claim 14 (depends on 1) The method as defined in claim 1, wherein the transfer data is received via a savings institution. ### Claim 15 (depends on 1) The method as defined in claim 1, wherein the transfer data is received via an investment advisor. ### Claim 16 (depends on 1) The method as defined in claim 1, wherein the transfer data is received via a management institution. ### Claim 17 (depends on 1) The method as defined in claim 1, wherein at least one of the one or more depository institutions is a bank, and the one or more FDIC-insured and interest-bearing aggregated deposit accounts held by the bank comprises an FDIC-insured aggregated money market deposit account held therein, and the bank further has an FDIC-insured aggregated demand deposit account associated with the program; and further comprising the step: generating or have generated instructions to withdraw funds from the FDIC-insured aggregated money market deposit account via the FDIC-insured aggregated demand deposit account. ### Claim 18 (depends on 1) The method as defined in claim 1, wherein the changing the at least one of a minimum cap or a maximum cap step is performed by the one or more computers. ### Claim 19 A system, comprising: one or more computers, programmed with computer-readable code, to perform, when executed, the following steps: (A) accessing, using one or more computers, one or more databases comprising: (1) aggregated deposit account information for a plurality of Federal Deposit Insurance Corporation (FDIC) insured and interest-bearing aggregated deposit accounts held in a plurality of depository institutions participating in a program, each of the respective depository institutions holding one or more of the aggregated deposit accounts, each of the aggregated deposit accounts holding funds of a plurality of client accounts, wherein the aggregated deposit account information comprises a respective balance of funds held in each of the respective aggregated deposit accounts; and (2) client account information for the respective client accounts, the client account information for a respective one of the client accounts comprising a respective balance of funds of the respective client account held in each of one or more of the FDIC-insured and interest-bearing aggregated deposit accounts holding funds of the respective client account; and (B) obtaining, using the one or more computers, transfer data associated with a source institution comprising an amount of funds to at least one of deposit/transfer to or withdraw/transfer from one or more of the aggregated deposit accounts in the program; (C) receiving a change in at least one of a minimum cap or a maximum cap for one of the depository institutions based at least in part on data that a current capital usage level or a projected capital usage level has reached a predetermined level for the one depository institution, and storing the minimum cap or the maximum cap that was changed in the one or more databases; (D) allocating at least one of, an amount to be deposited/transferred to one of the depository institutions or among multiple of the depository institutions, or an amount to be withdrawn/transferred from one of the depository institutions or portions of the amount from more than one of the depository institutions, comprising: (1) selecting, using the one or more computers, one or more aggregated deposit accounts held in the one depository institution to which to deposit/transfer or to withdraw/transfer funds, while avoiding withdrawing funds for a respective sub-period of time from each of one or more of other aggregated deposit accounts held in one or more of the other depository institutions, based at least in part on at least one of the minimum cap the maximum cap for the one depository institution; (2) allocating one or more amounts of funds, using the one or more computers, to one or more of the aggregated deposit accounts held in one or more other of the depository institutions based at least in part on the transfer data and the one depository institution selected to receive a deposit/transfer of funds or from which to withdraw/transfer funds and at least one of the minimum cap or maximum cap for the one depository institution; (E) generating and communicating data for one or more instructions, using the one or more computers and a network communication link, to transfer funds to or from the one depository institution based at least in part on the allocating step; and (F) updating, using the one or more computers, the one or more databases with information based at least in part on the allocating step. ### Claim 20 (depends on 19) The system as defined in claim 19, wherein for at least one of the source institutions the allocating is to one or more of the aggregated deposit accounts held in one or more other of the depository institutions that are affiliated with the source institution. ### Claim 21 (depends on 19) The system as defined in claim 19, wherein the changing step comprises increasing, using the one or more computers, at least the minimum cap for one or more of the aggregated deposit accounts in the one depository institution when the current capital usage level or the projected capital usage level for the one depository institution has increased to the predetermined level, and wherein the allocating step comprises allocating, using the one or more computers, deposits/transfers to the one depository institution to increase funds held in the one or more aggregated deposit accounts therein. ### Claim 22 (depends on 19) The system as defined in claim 19, wherein the changing step comprises decreasing, using the one or more computers, at least the maximum cap for one or more of the aggregated deposit accounts in the one depository institution when the current capital usage level or the projected capital usage level for the one depository institution has decreased to the predetermined level, and wherein the allocating step comprises allocating, using the one or more computers, withdrawals/transfers to the one depository institution to decrease funds held in the one or more aggregated deposit accounts therein. ### Claim 23 (depends on 19) The system as defined in claim 19, wherein the current and the projected capital usage levels comprise respectively a current loan portfolio and a projected loan portfolio. ### Claim 24 (depends on 19) The system as defined in claim 19, wherein the allocating an amount step comprises allocating funds from a defined client account population of the client accounts of the one source institution to the subset of one or more aggregated deposit accounts held in one or more of the depository institutions. ### Claim 25 (depends on 19) The system as defined in claim 19, wherein the allocating an amount step comprises allocating funds of the client accounts associated with the source institution up to a predetermined amount to the subset of one or more aggregated deposit accounts held in one or more of the depository institutions that are affiliated with the source institution. ### Claim 26 (depends on 19) The system as defined in claim 19, wherein at least one of the one or more depository institutions is a bank and the one or more FDIC-insured and interest-bearing aggregated deposit accounts comprise a Federal Depository Insurance Corporation (FDIC)-insured aggregated money market deposit account held therein. ### Claim 27 (depends on 19) The system as defined in claim 19, wherein at least one of the one or more depository institutions is a bank and the one or more FDIC-insured and interest-bearing aggregated deposit accounts comprise at least one Federal Depository Insurance Corporation (FDIC)-insured aggregated NOW account held therein. ### Claim 28 (depends on 19) The system as defined in claim 19, wherein the transfer data is received directly from an individual person via the internet interface. ### Claim 29 (depends on 19) The system as defined in claim 19, wherein the transfer data is received via a broker/dealer. ### Claim 30 (depends on 19) The system as defined in claim 19, wherein the transfer data is received via a savings institution. ### Claim 31 (depends on 19) The system as defined in claim 19, wherein the transfer data is received via an investment advisor. ### Claim 32 (depends on 19) The system as defined in claim 19, wherein the transfer data is received via a management institution. ### Claim 33 (depends on 19) The system as defined in claim 19, wherein at least one of the one or more depository institutions is a bank, and the one or more FDIC-insured and interest-bearing aggregated deposit accounts held by the bank comprises an FDIC-insured aggregated money market deposit account held therein, and the bank further has an FDIC-insured aggregated demand deposit account associated with the program; and wherein the one or more computers are further configured with programming code to cause the one or more computers, when executed, to perform the step: generating or have generated instructions to withdraw funds from the FDIC-insured aggregated money market deposit account via the FDIC-insured aggregated demand deposit account. ### Claim 34 (depends on 19) The system as defined in claim 19, wherein there is a rule associated with one of the aggregated deposit accounts to direct fund transfer activity away therefrom, and wherein the step of allocating further comprises: offsetting, using the one or more computers, any withdrawal/transfer from this aggregated deposit account with deposits/transfers from another aggregated deposit account based, at least in part, on whether it is associated in the one or more databases with a same financial entity as the aggregated deposit account with the rule to direct transfer activity away therefrom. ### Claim 35 (depends on 19) The method as defined in claim 19, wherein the source institution is one of the depository institutions, and further comprising: allocating, using the one or more computers, a second fund amount of funds to or from client accounts of one or more other of the depository institutions from or to the one or more aggregated deposit accounts of the source institution, to substantially offset the respective amount of funds allocated to or from the source depository institution.