Old National Bancorp Selects Politzer & Haney's Web Cash Manager to Expand its Business Banking Service

ISP Business, August, 2000

Old National Bancorp, an $8.5 billion financial services company headquartered in Evansville, IN, will add Politzer & Haney's entire Web Cash Manager product suite to the Old National Online group of electronic banking services the bank currently offers to its customers. Web Cash Manager will be marketed by Old National as Business Bank Connect and will be offered to commercial businesses. The service is expected to go live in August 2000. Politzer & Haney is a provider of Internet-based business banking solutions, with systems in production at 46 financial services institutions nationwide.

Old National will launch the Web Cash Manager software with 40 customers immediately and will then transition another 500 customers in the small- and medium-sized corporate market from a dial-up system to the Web-based platform over the next year. Corporate customers will be offered a menu of modules from which to select the ones that best serve their cash management policy needs.