Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-03-01
2011-03-01
Patel, Jagdish N (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S042000
Reexamination Certificate
active
07899743
ABSTRACT:
An Interbank Deposit Placement System (IDPS) that allows banks participating in the service to offer their customers multiple deposits so that potential deposit (fund) amounts exceeding an applicable Federal deposit insurance limit (e.g., $100,000) are fully insured. The IDPS partitions each of the potential deposit amounts into a plurality of deposit portions that do not exceed the Federal deposit insurance limit. In one embodiment, a proposed list of banks to which the deposit portions are allocated is presented to a recipient (e.g., bank representative, depositor) who is offered the option of modifying the proposed list during an established time window. After the time window expires, a deposit is established on behalf of each bank on the list to which the specific deposit portion was allocated by the processor.
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File History of U.S. Trademark (service mark) Application for “Reserve Insured Deposits,” U.S. Appl. No. 76/315,660, stating First Use in Commerce of Oct. 9, 1997, 22 pages.
Brochure entitled: “Reserve Insured Deposits® Program,” Copyright © 2006, Reserve Management Corporation, 2 pages.
Brochure entitled: “Reserve Insured Deposits®,” Copyright © 2006, Reserve Management Corporation, 2 pages.
Brochure entitled: “What Sets Us Apart,” Copyright © 2006, Reserve Management Corporation, 2 pages.
Charles Keenan, “Tapping Brokerages for Alternative to CDs,” American Banker, Feb. 18, 2004, 3 pages.
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License offer letter to Cardinal Bancshares, Inc. for First City, Texas Insured Savings Program with “Insured Savings Product Description” enclosure, letter dated Sep. 20, 1994, 6 pages total.
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Printouts from Reserve Management Corporation website, including company history and Reserve Insured DepositsSM account, printout dates: Mar. 24 and 25, 2003, 20 pages total.
First City Insured Savings Program (ISP) Ref. A: First City, Texas Insured Savings, Copyright © 1989, 5 pages total.
First City Insured Savings Program (ISP) Ref. B: First City, Texas Insured Savings, Agency Agreement, Jun. 1990, and related brochure, 11 pages total.
First City Insured Savings Program (ISP) Ref. C: Victoria Bankshares Business Proposal letter dated Nov. 21, 1989 (10 pages including enclosures) and Victoria Bankshares Business Proposal letter dated Dec. 27, 1989 (6 pages) with the following enclosures: “Insured Savings Correspondent Agreement” (7 pages); “Insured Savings Agency Agreement” (6 pages); “Insured Savings Program Description” (2 pages); “Correspondent Bank Insured Savings Product Delivery Procedures” (6 pages); “Insured Savings Investment Instruction Form” (1 page); Sharing of.
First City Insured Savings Program (ISP) Ref. D: 5 letters each dated Jul. 3, 1990 regarding interest rates and maximum deposit limits for correspondent banks, including: letter to First City, Texas-Dallas (1 page); letter to First National Bank President Bill Goertz (1 page); letter to First National Bank Marketing Officer Susan Goodwin (3 pages); letter to First City, Texas-Sour Lake (1 page); letter to Bank of the West (2 pages). All letters dated Jul. 3, 1990. 9 pages total.
Patel Jagdish N
Poe Kevin
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