Patent ID: 8447692

Claim:
One or more non-transitory computer-readable media storing computer-executable instructions which, when executed by a processor on a computer system, perform a method for providing a personal financial network service to a first participant and a second participant, the method using an electronic information processing platform, the computer-executable instructions comprising: a first set of instructions for storing information relating to a first participant account at a financial institution; a second set of instructions for storing information relating to a second participant account at the financial institution; a third set of instructions for storing information relating to a group of accounts at the financial institution, the group of accounts including the first participant account and the second participant account, without the storing including storing instructions to combine the accounts together into a single account; a fourth set of instructions for using a processor to calculate a sum of total deposited funds within the group of accounts; a fifth set of instructions for determining whether the group of accounts meets a threshold sum of total deposited funds within the group of accounts; a sixth set of instructions for modifying an eligibility status of at least one of the participants, the eligibility status relating to the personal financial network service, when the threshold is met; a seventh set of instructions for withdrawing a participant account from the group of accounts, wherein the ability of the group of accounts to meet the threshold is reevaluated after the participant account is withdrawn; and an eighth set of instructions for terminating the inclusion of a participant account in the group of accounts, the termination triggered by an event selected from the group of death of the participant, divorce of the participant, and a predetermined financially-related event.