Online Banking Products, Related Services for Members Included in New CUNA Strategic Services/Digital Insight Alliance

June 23, 2008

FOR IMMEDIATE RELEASE
Contact: Katye Long
CUNA Communications; (608) 231-4038
klong@cuna.coop

MADISON, Wis. – Credit unions can easily provide online banking services and related products to their members through a new alliance agreement between CUNA Strategic Services and Digital Insight, an Intuit company.

The agreement includes:

Consumer Internet Banking – provides online bill payment, funds transfer, online statements, check images and reorders, customer support, and more.

Member Business Services – includes cash management and forecasting, business bill payment, payroll services, online tax payments, and other services.

FinanceWorks – due out in October, this solution will transform the credit union’s Web site into a complete online financial management hub for members. It allows members to view all of their finances in one place, understand their cash flow and bills, and get a better picture of their spending habits.

Growth and Retention Services – marketing, research, and training tools to help credit unions drive adoption and active use of Internet banking and online bill payment.

“Digital Insight has a wealth of knowledge about how consumers and businesses manage their finances, and this expertise is built into every solution and service it offers,” said Wes Millar, senior vice president of CUNA Strategic Services. “Our new relationship will help credit unions better capture, grow, and deepen primary financial relationships with members, especially those in emerging market segments.”

Since 1995, Digital Insight’s on-demand platforms have enabled credit unions to focus their resources on delivering value to their members by outsourcing their online banking operations instead of worrying about managing in-house solutions.

“A strong online presence and the means to drive active use of the online channel is vital to the success of credit unions that want to remain relevant to members today, and tomorrow,” said Sasan Goodarzi, president of Digital Insight. “This relationship demonstrates that we are making good on our promise to provide credit unions with the products and services needed to compete and win in the marketplace.”

For more information, visit strategicservices.cuna.org, or contact Tom Lybeck, product manager for CUNA Strategic Services, at (800) 356-9655, ext. 4109.

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About CUNA Strategic Services

CUNA Strategic Services Inc., owned jointly by Credit Union National Association (CUNA) and the state leagues, provides credit unions with access to high quality products, services, and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. CUNA serves 90 percent of America’s 8,500 credit unions, which are owned by more than 90 million consumer members. Credit unions are not for profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit strategicservices.cuna.org.

About Digital Insight

Digital Insight is the leading outsourced provider of online banking services to mid-market banks and credit unions in the United States. The company's extensive portfolio of on-demand applications includes consumer and business Internet banking, online lending, electronic bill payment and presentment, Web site development and hosting, marketing programs designed to help increase online banking end user growth, and more.

On Feb. 6, 2007, Digital Insight was acquired by Intuit Inc. and is now known as Digital Insight, an Intuit company. Together the companies serve more than 5,000 financial institutions, nearly 25 million consumers and nearly 7 million small businesses.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks, Quicken, and TurboTax software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries and Lacerte are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $2.67 billion in its fiscal year 2007. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at www.intuit.com.

Intuit, the Intuit logo, and Digital Insight among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.

Copyright © 2008 - Credit Union National Association, Inc.