PLANO, Texas and MADISON, Wis. -- EDS and leading credit union e-commerce provider CUNA Network Services L.L.C.

today announced they have signed an alliance agreement providing the nation’s 11,000 credit unions and their 80

million members access to EDS Internet banking services.

Under the alliance agreement, CUNA Network Services -- a collaboration between CUNA Strategic Services, Inc., a

subsidiary of the Credit Union National Association (CUNA) and state credit union leagues -- will provide EDS

Internet banking services to credit unions as part of an e-commerce technology suite. CUNA Network Services will

sell the new offering through existing credit union trade association channels.

Through the new offering, the nation’s credit unions will be able to provide their members Internet access to

their accounts and the ability to perform online account inquiries, transfers and loan payments. As a result,

consumers can also eliminate manual bill paying with customized merchant lists, scheduled recurring and advance

payments and online payment histories.

"Our scalable, price competitive Internet banking and online bill payment offerings will help U.S. credit

unions have access to the convenient products and services that their customers want," said Neil Griffiths, client

executive for EDS’ credit union business.

"Credit unions are historically early adopters of technology, which they in turn use as differentiators to

combat the fierce competition from larger banking institutions," said John Hobko, president and chief executive

officer for CUNA Network Services. "It is a deliberate and strategic move to reach out to an IT leader such as EDS

to help us carry out the trend in the credit union industry toward a greater dependence on online services."

"As the Internet gains greater acceptance as an everyday delivery channel for consumer financial services, EDS

will be there to help credit unions be viable competitors and leaders in using technology to make banking services

even more efficient and convenient," Griffiths said.