diff --git a/app/scripts/controllers/balance.js b/app/scripts/controllers/balance.js
new file mode 100644
index 000000000..5dfe266e3
--- /dev/null
+++ b/app/scripts/controllers/balance.js
@@ -0,0 +1,28 @@
+const ObservableStore = require('obs-store')
+const normalizeAddress = require('eth-sig-util').normalize
+const extend = require('xtend')
+const PendingBalanceCalculator = require('../lib/pending-balance-calculator')
+
+class BalanceController {
+
+  constructor (opts = {}) {
+    const { address, ethQuery, txController } = opts
+    this.ethQuery = ethQuery
+    this.txController = txController
+
+    const initState = extend({
+      ethBalance: undefined,
+    }, opts.initState)
+    this.store = new ObservableStore(initState)
+
+    const { getBalance, getPendingTransactions } = opts
+    this.balanceCalc = new PendingBalanceCalculator({
+      getBalance,
+      getPendingTransactions,
+    })
+    this.updateBalance()
+  }
+
+}
+
+module.exports = BalanceController
diff --git a/app/scripts/controllers/balances.js b/app/scripts/controllers/balances.js
new file mode 100644
index 000000000..b0b366628
--- /dev/null
+++ b/app/scripts/controllers/balances.js
@@ -0,0 +1,108 @@
+const ObservableStore = require('obs-store')
+const normalizeAddress = require('eth-sig-util').normalize
+const extend = require('xtend')
+const BalanceController = require('./balance')
+
+class BalancesController {
+
+  constructor (opts = {}) {
+    const { ethStore, txController } = opts
+    this.ethStore = ethStore
+    this.txController = txController
+
+    const initState = extend({
+      balances: [],
+    }, opts.initState)
+    this.store = new ObservableStore(initState)
+
+    this._initBalanceUpdating()
+  }
+
+  // PUBLIC METHODS
+
+  setSelectedAddress (_address) {
+    return new Promise((resolve, reject) => {
+      const address = normalizeAddress(_address)
+      this.store.updateState({ selectedAddress: address })
+      resolve()
+    })
+  }
+
+  getSelectedAddress (_address) {
+    return this.store.getState().selectedAddress
+  }
+
+  addToken (rawAddress, symbol, decimals) {
+    const address = normalizeAddress(rawAddress)
+    const newEntry = { address, symbol, decimals }
+
+    const tokens = this.store.getState().tokens
+    const previousIndex = tokens.find((token, index) => {
+      return token.address === address
+    })
+
+    if (previousIndex) {
+      tokens[previousIndex] = newEntry
+    } else {
+      tokens.push(newEntry)
+    }
+
+    this.store.updateState({ tokens })
+    return Promise.resolve()
+  }
+
+  getTokens () {
+    return this.store.getState().tokens
+  }
+
+  updateFrequentRpcList (_url) {
+    return this.addToFrequentRpcList(_url)
+      .then((rpcList) => {
+        this.store.updateState({ frequentRpcList: rpcList })
+        return Promise.resolve()
+      })
+  }
+
+  setCurrentAccountTab (currentAccountTab) {
+    return new Promise((resolve, reject) => {
+      this.store.updateState({ currentAccountTab })
+      resolve()
+    })
+  }
+
+  addToFrequentRpcList (_url) {
+    const rpcList = this.getFrequentRpcList()
+    const index = rpcList.findIndex((element) => { return element === _url })
+    if (index !== -1) {
+      rpcList.splice(index, 1)
+    }
+    if (_url !== 'http://localhost:8545') {
+      rpcList.push(_url)
+    }
+    if (rpcList.length > 2) {
+      rpcList.shift()
+    }
+    return Promise.resolve(rpcList)
+  }
+
+  getFrequentRpcList () {
+    return this.store.getState().frequentRpcList
+  }
+  //
+  // PRIVATE METHODS
+  //
+  _initBalanceUpdating () {
+    const store = this.ethStore.getState()
+    const balances = store.accounts
+
+    for (let address in balances) {
+      let updater = new BalancesController({
+        address,
+        ethQuery: this.ethQuery,
+        txController: this.txController,
+      })
+    }
+  }
+}
+
+module.exports = BalancesController
diff --git a/app/scripts/metamask-controller.js b/app/scripts/metamask-controller.js
index a007d6fc5..81e31a556 100644
--- a/app/scripts/metamask-controller.js
+++ b/app/scripts/metamask-controller.js
@@ -115,6 +115,12 @@ module.exports = class MetamaskController extends EventEmitter {
     })
     this.txController.on('newUnaprovedTx', opts.showUnapprovedTx.bind(opts))
 
+    // computed balances (accounting for pending transactions)
+    this.balancesController = new BalancesController({
+      ethStore: this.ethStore,
+      txController: this.txController,
+    })
+
     // notices
     this.noticeController = new NoticeController({
       initState: initState.NoticeController,
@@ -647,4 +653,4 @@ module.exports = class MetamaskController extends EventEmitter {
       return Promise.resolve(rpcTarget)
     })
   }
-}
\ No newline at end of file
+}
diff --git a/test/unit/pending-balance-test.js b/test/unit/pending-balance-test.js
index 17be0306b..dde30fecc 100644
--- a/test/unit/pending-balance-test.js
+++ b/test/unit/pending-balance-test.js
@@ -96,3 +96,4 @@ function generateBalanceCalcWith (transactions, providerStub = zeroBn) {
     getPendingTransactions,
   })
 }
+