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
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.