Kelly James Hall

US Patent:

8126803, Feb 28, 2012

Filed:

Jul 9, 2007

Appl. No.:

11/774687

Inventors:

Douglas P. Elliott - Kennedale TX, US
David McMann - Garland TX, US
Lowell R. Huff - Manchester MO, US
Lynn Flesher - Celina TX, US
David Frew - Fort Mill SC, US
Kelly S. Hall - Charlotte NC, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 20/00

US Classification:

705 38

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.