Island Trust LLC was an international banking institution. During Day 1, Ted Cofell used accounts with Island Trust to manage the funding for Ira Gaines' mission to assassinate David Palmer. When Mandy and Bridgit tried to extort an extra million dollars from Gaines in exchange for Martin Belkin's ID card, Cofell authorized a temporary transfer, on the condition that Gaines refund it within a few hours. Gaines had Jonathan Matijevich kill Bridgit after she found the ID and allowed Mandy to live, and Cofell transferred the funds back. ("Day 1: 2:00am-3:00am", Findings at CTU)