BSG Financial Hosted First Industry-Wide Conference Call on Fed Guidance for Courtesy Overdraft Programs - Expert and Notes Available.

LOUISVILLE Louisville (l

`ēvĭl), city (1990 pop. 269,063), seat of Jefferson co., NW Ky., at the Falls of the Ohio; inc. 1780. , Ky. -- BSG BSG Battlestar Galactica
BSG Broadband Stakeholder Group (UK)
BSG British Society of Gastroenterology (London, UK)
BSG Business Systems Group
BSG Business Solutions Group
BSG Basigin Financial

Who:    Mike Wummer, executive vice president and director of New
            Products and Services for Louisville, Ky.-based BSG
            Financial, LLC, is responsible for the development,
            creative design, incubation and introduction of all new
            and existing BSG Financial program initiatives. Wummer, a
            member of the Financial Service Centers of America
            (FiSCA), American Institute of Banking (AIB) and
            Pennsylvania Mortgage Bankers Association, led the free,
            informative conference call.

    What:   The Office of Thrift Supervision (OTS) and Federal
            Reserve Board, Federal Deposit Insurance Corporation
            (FDIC), National Credit Union Administration (NCUA) and
            Office of the Comptroller of the Currency (OCC) announced
            final guidance on overdraft protection programs. Along
            with BSG Financial's legal firm, the company hosted the
            industry's first complimentary, informational conference
            call open to all banks and credit unions interested in
            uncovering the impact of the guidance. The call and
            subsequent free notes addressed the following topics
            related to the Fed Guidance:

            --  What does overdraft guidance from bank regulators mean
                to overdraft program providers? Financial
                institutions? Bank/credit union accountholders?

            --  "Best Practices" set forth by Fed Guidance for
                financial institutions implementing overdraft programs

            --  Overview of "Legal Risks" of Fed Guidance

            --  Overview of the "Safety and Soundness" required by the
                Fed Guidance

    Contact: Comprehensive notes from the conference call are
            available upon request to Hank Thompson, 502.581.1511,
            ext. 230 or hthompson@BSGfinancial.com.

            To speak with Wummer or for more information about BSG
            Financial, contact Elizabeth Salter at 678.781.7224,
            OR Rachel Melendez at 678.781.7216.

About BSG Financial, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control

Louisville, Ky.-based BSG Financial, LLC is a provider of programs and services to the financial industry that help increase profitability, while enhancing customer relations. Its flagship program, OverdraftHonor(R), is a proprietary courtesy overdraft A check that is drawn on an account containing less money than the amount stated on the check.

The term overdraft is also used in reference to the condition that exists when vouchers program unique in its responsible approach to customer and risk management, profitability and ongoing technical and customer service. In addition, BSG Financial offers other profit-enhancing programs that increase retail account openings; outsource collections; repair damage caused by identity theft; and reduce institutional costs.

BSG Financial is privately owned and has offices in Kentucky Kentucky, state, United States
Kentucky (kəntŭk`ē, kĭn–), one of the so-called border states of the S central United States. It is bordered by West Virginia and Virginia (E); Tennessee (S); the Mississippi R. , Florida, Texas, Massachusetts Massachusetts (măsəch

`sĭts), most populous of the New England states of the NE United States. , Missouri Missouri, state, United States
Missouri (mĭz

r`ē, –ə), one of the midwestern states of the United States. , North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures

Area, 52,586 sq mi (136,198 sq km). Pop. and Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York . For more information about the company, visit www.BSGfinancial.com.

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Publication:	Business Wire
Date:	Apr 28, 2005
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