First National Bank of Omaha Expands Web-Based Correspondent Services With LendingTools.com


WICHITA, KS--(Marketwire - March 24, 2009) - LendingTools.com, a leading provider of services to the correspondent banking industry, announced today that First National Bank of Omaha, Omaha, Nebraska, has chosen to expand its web-based correspondent services suite by incorporating International Wires and Fed Funds into its FirstTools platform. FirstTools is the branded and customized correspondent transaction and reporting platform utilized by First National Bank of Omaha's correspondent banking customers to conduct business with First National Bank of Omaha.

"First National Bank of Omaha is always looking for a better way to serve our customers and we believe that we have done that with the addition of these two services," said Russ Oatman, senior vice president, FMBO. "By adding Fed Funds and International Wires to our FirstTools platform, our customers will now be able to conduct key transactions online."

First National Bank of Omaha will utilize the Fed Funds and International Wires modules to provide online access to their correspondent customers to manage daily balances, review currency rates and place orders based on 'real time' information. Both enhancements will provide First National Bank of Omaha's correspondent customers the ability to make transaction decisions at their convenience, without the need of placing call-in orders.

"International Wires and Fed Funds are two important components of our total Correspondent Transaction Suite," said Eric Goering, President and Chief Executive Officer of LendingTools.com. "We are pleased to be a part of a key market strategy for First National Bank of Omaha, which has a long and cherished history as a correspondent bank."

LendingTools' FX module is a key part of their correspondent banking product. LendingTools and First National have executed a letter of intent naming First National Bank of Omaha as one of a limited number of FX processors that will provide FX trade services in support of the new platform. Oatman said that First National currently provides comprehensive international transaction services and FX risk management as a direct SWIFT participant.

About LendingTools.com

LendingTools.com, Inc. specializes in the design and delivery of web-based applications for the financial services industry and delivers them through correspondent processing organizations. Its OnWe® Network provides a low cost option for community bank image exchange through a series of OnWe Network Community Hosts. Over 28 percent of the nation's banks utilize one or more LendingTools.com services daily to originate and process ACH, wire, and imaged check transactions. Among others, OnWe, onwe, On-We and on-we are registered trademarks of LendingTools.com.

A privately-held corporation, LendingTools.com was founded by and is now operated by former bankers. Please visit www.LendingTools.com for more information.

About First National Bank of Omaha

First National Bank is a subsidiary of First National of Nebraska, Inc. First National of Nebraska has grown into the largest privately owned banking company in the United States. First National and its affiliates have $21 billion in managed assets and nearly 7,000 employee associates located in 35 states. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.

Contact Information: Contact: Tracy Hearson Marketing Coordinator LendingTools.com 316.267.3200 x 105