Patent ID: 8140419
Filing Date: 2012-03-20
Classification: G06Q

Abstract:
1. A computer implemented method for presenting opportunities to depositors to exploit financial options in conventional financial institution certificates of deposit, the method comprising: receiving consent from an owner of a first certificate of deposit (“CD”) to allow a depository institution to investigate existing parameters of said first CD with parameters of a customized replacement CD; calculating, by a processor, a current account value of the first CD as of a predetermined date, the current account value being equal to a principal plus an accrued interest; calculating, by said processor, a contractual early withdrawal penalty of said first CD on said predetermined date; calculating, by said processor, a net account liquidation value of the first CD on the predetermined date by determining the current account value of the first CD and subtracting the contractual early withdrawal penalty from said current account value of the first CD; formulating, by said processor, financial terms of said customized replacement CD using the net account liquidation value as an initial investment, the financial terms having an expiration date equal to an expiration date of the first CD and a current market rate of interest that will yield a value at maturity of said customized replacement CD that is more than an anticipated value at maturity of the first CD even accounting for the early withdrawal penalty of the first CD; generating, by said processor, the financial terms of said customized replacement CD using said initial investment to occur at the expiration date and an analysis of a net benefit to transfer associated with the customized replacement CD; and presenting said analysis of said net benefit to transfer of the customized replacement CD to said owner of the first CD, said net analysis to transfer including a value differential between said anticipated value at maturity of said first CD and said value at maturity of said customized replacement CD.