The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 28, 2012
Filed:
Jul. 09, 2007
Douglas P. Elliott, Kennedale, TX (US);
David Mcmann, Garland, TX (US);
Lowell R. Huff, Manchester, MO (US);
Lynn Flesher, Celina, TX (US);
Clarence E. Lee, Ii, Arlington, TX (US);
David Frew, Fort Mill, SC (US);
Kelly S. Hall, Charlotte, NC (US);
Douglas P. Elliott, Kennedale, TX (US);
David McMann, Garland, TX (US);
Lowell R. Huff, Manchester, MO (US);
Lynn Flesher, Celina, TX (US);
Clarence E. Lee, II, Arlington, TX (US);
David Frew, Fort Mill, SC (US);
Kelly S. Hall, Charlotte, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
An automated system can be provided for continuously and accurately assigning float to deposit credits within a financial institution. A normalized market segment is continuously assigned to each account by extracting information from a plurality of disparate demand deposit account systems. Deposit credits are gathered from disparate known capture sites and the normalized market segment is assigned to a deposit credit for a corresponding account. A float assignment can then be made for a deposit credit so that the float reflects both a deposit location and current domestic information for the corresponding account. A system for implementing the invention can include a float system connected to a transaction exchange system.