THOMAS R O'DONNELL, M.D.
Medical Practice at Main St, Bayshore, NY

8589289, Nov 19, 2013

Feb 22, 2011

13/032467

Thomas J. O'Donnell - Bay Shore NY, US
David Edgar Gareis - Maplewood NJ, US

Island Intellectual Property LLC - Manhasset NY

G06Q 40/00

705 39, 705 35

A method, system and program product, the method comprising: accessing, one or more electronic databases, comprising: (i) aggregated account information for a plurality of government-backed insured and interest-bearing aggregated deposit accounts held in a plurality of recipient depository institutions, with one or more of the recipient depository institutions with an interest-bearing aggregated deposit account having at least one associated aggregated transaction account having an overdraft facility; and (ii) client account information for each of a plurality of the respective client accounts; obtaining client account transaction information; obtaining a respective net transfer amount for the one or more sub-periods of time for each of one or more of the respective source institutions; for at least one or more of the sub periods of time where the net transfer amount requires a first withdrawal/transfer amount selecting at least one of the recipient depository institutions that has at least one aggregated transaction account with an overdraft facility based at least in part on one or more selection rules; generating first transfer data reflecting a wire or other electronic transfer that uses the overdraft facility; generating second transfer data reflecting withdrawal/transfer by the at least one recipient depository institution of at least one second withdrawal/transfer amount in partial of full settlement of the overdraft; allocating amounts of funds from multiple of the client accounts among multiple of the recipient depository institutions to substantially match the transfer of funds; and updating one or more of the electronic databases.

8260705, Sep 4, 2012

Dec 21, 2010

12/974974

Bruce Bent - Manhasset NY, US
Bruce Bent, II - Manhasset NY, US
David Edgar Gareis - Maplewood NJ, US
Thomas J. O'Donnell - Bay Shore NY, US

Island Intellectual Property LLC - New York NY

G06Q 40/00

705 40, 705 42, 235379, 235380

A method, system and program product, the method comprising: obtaining a plurality of net credit/debit amounts during a month period; generating data for depositing/transferring funds to or withdrawing/transferring funds from at least one of one or more aggregated deposit accounts multiple times in a month period, the data generating step comprising generating data for instructions for making a withdrawal/transfer from funds held at one of the one or more depository institutions more than six (6) times during the month period, comprising presenting instructions to the respective one depository institution using one or more of the methods: in person, or by mail, or, by messenger, or by telephone and distributed by mail, or by automated teller machine, or a combination thereof for substantially all of the withdrawals/transfers except for a set of at least one but not more than six withdrawals within the month period.

8452702, May 28, 2013

Sep 8, 2011

13/228031

Thomas J. O'Donnell - Bay Shore NY, US
David Edgar Gareis - Maplewood NJ, US

Island Intellectual Property LLC - Manhasset NY

G06Q 40/00

705 39, 705 35, 705 40, 705 41, 705 42, 705 45, 235379, 235380, 235385, 235437, 235470

A method, system and program product, the method comprising: accessing databases, comprising (i) aggregated account information for a plurality of government-backed insured interest-bearing aggregated deposit accounts held in a plurality of recipient depository institutions, and (ii) client account information; obtaining client account transaction information of client accounts of a first financial institution; obtaining a first amount of funds for the first financial institution; allocating the first amount of funds to other of the recipient depository institutions; allocating a second amount of funds sourced from other of the financial institutions to the first financial institution, based on criteria; netting the first amount and the second amount to obtain a net amount; if the net amount is different from zero, allocating a positive or a negative third amount, to make the second amount equal to the first amount, so no transfer is necessary.