PHILLIPS THOMAS OWEN
Pilots at Elmont Rd, Osceola, NC

License number
North Carolina A4755781
Issued Date
Feb 2016
Expiration Date
Feb 2018
Category
Airmen
Type
Authorized Aircraft Instructor
Address
Address
6525 Elmont Rd, Osceola, NC 27214

Professional information

Phillips Owen Photo 1

Methods, Systems, And Computer Readable Media For Facilitating The Exchange Of Reciprocal Deposits

US Patent:
8090651, Jan 3, 2012
Filed:
Oct 1, 2010
Appl. No.:
12/896804
Inventors:
Kim B. Winslow - Manteo NC, US
Adam Roark - Houston TX, US
Dawn Bunch - Edenton NC, US
Joseph Scheib - Raleigh NC, US
Phillips Owen - Browns Summit NC, US
Assignee:
Anova Financial Corporation - Edenton NC
International Classification:
G06Q 40/00
US Classification:
705 39, 705 37
Abstract:
Methods, systems, and computer readable media for facilitating the exchange of reciprocal deposits are disclosed. According to one aspect, the subject matter described herein includes a system for facilitating the exchange of reciprocal deposits. The system includes a first bank for participating in an exchange of reciprocal deposits and a control center for implementing an exchange of reciprocal deposits between the first bank and a second bank for receiving deposits. The control center receives requests for placement of reciprocal deposits, determines requirements of depositing and receiving banks, and facilitates exchange of reciprocal deposits in accordance with the requirements.


Phillips Owen Photo 2

Methods, Systems, And Computer Readable Media For Facilitating The Exchange Of Reciprocal Deposits

US Patent:
8301560, Oct 30, 2012
Filed:
Dec 30, 2011
Appl. No.:
13/341751
Inventors:
Kim B. Winslow - Manteo NC, US
Adam Roark - Houston TX, US
Dawn Bunch - Edenton NC, US
Joseph Scheib - Raleigh NC, US
Phillips Owen - Browns Summit NC, US
Assignee:
Anova Financial Corporation - Edenton NC
International Classification:
G06Q 40/00
US Classification:
705 39, 705 37
Abstract:
A control center receives, from the first bank, a first request with a first set of requirements for placement of reciprocal deposits. A second request with a second set of requirements is received from a second bank. The control center determines whether the first set of requirements matches the second set of requirements, which include maturity and interest rate. In response to a match, the control center performs an exchange of on-balance sheet deposits meeting the first set of requirements from the first bank to off-balance sheet deposits to the second bank. The first bank receives reciprocal deposits meeting the second set of requirements as new on-balance sheet deposits.