Our Patents

Leading Through Innovation

IntraFi invented reciprocal deposits more than 25 years ago — creating a new type of funding that allowed banks to provide their largest customers with access to millions in FDIC insurance across a network of banks while retaining the amount of funding on their balance sheets, which they could use for local lending or other purposes. That work began with a clear focus on real-world challenges and the drive to find new ways to solve them. Since that first innovation, IntraFi has received multiple patents, which you can explore below.

Method, system and computer program product for managing funds in custodial deposit accounts

Auditing and reconciling custodial accounts

Method, system and computer program product for managing funds in custodial deposit accounts

Auditing and reconciling custodial accounts

Automated method and article of manufacture for fully insuring large bank deposits via a network of banks with limits on amount of orders that a bank and/or customer can place with the network

Automated method and article of manufacture for fully insuring large deposits received from a plurality of custodians from their respective depositors

Automated method and article of manufacture for fully insuring large bank deposits via a network of banks wherein depositor's bank retains a portion of the large bank deposit and the network distributes the remainder

Automated method and article of manufacture for fully insuring large bank deposits wherein bank that processes a large deposit sends out and receives back an equal amount of large deposits via a network of banks

Method and apparatus for fully insuring large bank deposits

Computer program product for fully insuring large bank deposits

Computer-implemented method for fully insuring large bank deposits

Auditing and reconciling custodial accounts

Method for fully insuring large bank deposits using a plurality of banks that receive portions of each large deposit

Automated method and article of manufacture for fully insuring large bank deposits via a network of banks wherein banks pay a fee to a processor that facilitates the network of banks

Automated method and article of manufacture for fully insuring large bank deposits using a network of banks and a lending bank for providing funds that the network of banks cannot handle

Automated method and article of manufacture for fully insuring large bank deposits via a network of banks using an order matching process to simultaneously process multiple orders from bank customers received at different banks

Automated process for fully insuring large bank deposits that provides compensating payments between banks that offer different deposit terms

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A list identifying IntraFi network banks can be found at www.IntraFi.com/network-banks.

Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits.