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FundsXpress and The First National Bank of Bastrop Announce Multi-Year Renewal of Business Partnership

Austin, TX (PRWEB) June 28, 2007 -- FundsXpress Financial Network Inc., a premier provider of online financial services, today announced a multi-year renewal of its successful business partnership with The First National Bank of Bastrop. A client since 2003, First National operates several branches in the Central Texas area, and has more than $274 million in assets.

With the renewal, First National continues to provide account holders with the extensive FundsXpress Internet banking product suite, including the fx eBankingSM platform, bill payment and presentment, enhanced marketing and reporting package, Web site design and hosting, and fxSecuritySM, one of the industry's most comprehensive suite of fraud and risk analysis tools. First National also offers commercial users the fxBusiness BankingSM platform, a comprehensive array of Web-based cash management services, including balance reporting, ACH, wire transfers and stop payments.

"FundsXpress provides a level of customer service and product functionality that is unmatched in the industry and we are pleased to extend our partnership," said Robert Berryhill, executive vice president and chief financial officer, The First National Bank of Bastrop. "Due to our tremendous success using the fx eBanking platform, we were confident when entering the commercial services market in 2005. We are proud to offer our commercial account holders a solid, proven cash management platform that increases overall efficiency and provides greater flexibility in managing their day-to-day operations."

"Cash management is one of the fastest growing sectors in the online banking market, enabling a financial institution to increase its revenues, while providing account holders the commercial services they demand," said Greg Constantine, executive vice president FundsXpress. "First National is an innovative partner that sees the value in next generation online banking services, and has a genuine commitment to its account holders. FundsXpress is proud to share in this commitment, providing our clients some of the most technically advanced products on the market, and we look forward to growing our partnership with First National."

About The First National Bank of Bastrop

The First National Bank of Bastrop has more than $274 million in assets and has seven locations in Bastrop, and surrounding Central Texas cities. For more information, please visit www.fnbbastrop.com

About FundsXpress Financial Network

FundsXpress, a subsidiary of First Data Corporation, is a premier provider of Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center, the company delivers a secure, scalable and proven financial product suite. FundsXpress products include consumer and commercial Internet banking, cash management, automated lending, and dynamic Web sites. FundsXpress clients benefit from the company's value-added compliance support, customer service and leading adoption rates. For more information, please visit the company at www.fundsxpress.com.

About First Data

First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.

Media Contacts

Jennifer Dean, FundsXpress Financial Network    

512-493-2702

jennifer.dean(at)fxfn.com

Robert Berryhill, The First National Bank of Bastrop

512-321-2561

berryhill(at)fnbbastrop.com

Glen Turpin, First Data    

303-967-6552    

glen.turpin(at)firstdata.com

FDC-1

###

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