Clients renew outsourcing relationships with Fiserv.

PITTSBURGH--(BUSINESS WIRE)--Feb. 11, 1997--Fiserv announced today that First Indiana Corporation, Hasten Bancshares and Irwin Bank and Trust have renewed their long-term contracts for comprehensive financial data processing services.

All three clients have chosen to continue using the Fiserv Custom Outsourcing Solution -- a package of financial data processing systems and services tailored to match the strategic objectives of mid-sized to large financial institutions. The Custom Outsourcing Solution from Fiserv provides highly automated core processing, advanced delivery systems, sophisticated operations automation and related services that help attract and retain customers, boost retail and commercial sales, improve operational efficiency and reduce ongoing expenses. The solution is provided by a dedicated staff of experienced bankers and data processing experts operating out of the Pittsburgh-based Fiserv information services business.

First Indiana Corporation

"Our strategies are straightforward," says David Gray, First Indiana Corporation Chief Financial Officer. "We focus on market segments where we can deliver unique products and services. We learn everything we can about the customers in those markets so that we can provide products that satisfy their specific needs. We continuously improve our processes and systems to increase efficiency. The effective mix of solid, reliable core processing and emerging technologies provided by the Fiserv Custom Outsourcing Solution gives us the power to implement our strategies at an affordable price."

First Indiana Corporation is the holding company for First Indiana Bank (NASDAQ:FISB). First Indiana is the largest locally owned bank in Indianapolis, with 28 offices in metropolitan Indianapolis, Franklin, Mooresville, Pendleton, Rushville, Westfield and Evansville. In addition to its retail banking operations, First Indiana has mortgage and consumer loan service offices throughout Indiana and in Florida, Georgia, Illinois, North Carolina and Ohio. A subsidiary, One Mortgage Corporation, originates residential and construction in Orlando, Tampa and West Palm Beach, Fla.; and Charlotte and Raleigh, N.C.

Under a contract extension, Fiserv will continue to provide First Indiana with core deposit, and retail and commercial loan processing that helps build products quickly and easily, and is designed to help reduce operating expense and increase efficiency. Centralized customer information, branch automation and telephone banking systems are designed to track detailed customer characteristics, help boost retail sales, increase convenience and help maintain customer service quality. First Indiana will continue to rely on the Fiserv Mortgage Products Division to provide unique mortgage products, expedite originations, profitably market portfolios, automate servicing and manage risk.

Hasten Bancshares

Hasten Bancshares is a $775-million asset commercial bank holding company headquartered in Indianapolis, Ind., and parent of First National Bank in Kokomo, Ind., and First Bank and Trust of Sullivan, Ind. Both banks are community-oriented financial institutions striving to exceed expectations by providing innovative products and superior services to all their customers. The banks' strategic objectives focus on increasing customer convenience, boosting the efficiency and effectiveness of customer service efforts and providing broad access to management information across the banks and holding company.

Under a new 10-year agreement, the Hasten banks will continue to rely on Fiserv core deposit, and retail and commercial loan processing to provide flexible financial services and help maintain low operating expenses. Telephone banking and bill payment systems will provide convenient account access from the home, office or cellular phone. The Fiserv InformEnt(TM) data warehouse solution will provide managers and business analysts with a single source for comprehensive, timely, accurate and easy-to-use information on the banks' customers, products and profitability. Fiserv Internet Services will help enhance First National Bank's marketing efforts by establishing a home page on the Fiserv Internet server. Telecommunication links will connect the bank's Wide Area Network to the Fiserv network for Internet and e-mail access.

"We have a lot in common with Fiserv," says Conrad Uitts, First National Bank Chief Executive Officer. "Both of our organizations offer a broad range of products to diverse customer bases. We both integrate products into effective solutions. We rely on our flexibility and experience to satisfy customer demands." Steve Priddy, First Bank and Trust Chief Executive Officer agrees, adding, "We've extended our relationship with Fiserv another 10 years because our similarities allow us to form an effective partnership that encourages cooperation, builds mutual confidence and increases opportunities to win."

Irwin Bank and Trust

Irwin Bank and Trust is a $330-million asset, independent community bank located in Irwin, Penn., 26 miles east of Pittsburgh. The bank emphasizes the cost-effective use of technology to provide high-quality, convenient financial services and generate earnings that ensure equitable shareholder returns.

Irwin Bank's contract renewal contains several new technology options combined with existing Fiserv core deposit, loan and telephone banking systems. "There is a right time to implement technology," says J. Curt Gardner, Irwin Bank and Trust Chief Executive Officer. "Early implementation can cost too much. Implementing late may cause you to lose your edge. Fiserv helps us implement effective technologies at just the right time, allowing us to gain competitive advantage without excessive cost."

According to James C. Puzniak, President of the Pittsburgh-based Fiserv information services business, "There are many good reasons to select the Custom Outsourcing Solution and a partnership with Fiserv. Our banking and data processing experience, our products and our ability to create effective solutions tailored to our customers' strategies are among the best. But, perhaps the most important is the satisfaction of valued partners willing to extend long-term relationships like First Indiana Corporation, Hasten Bancshares and Irwin Bank and Trust."

Fiserv, Inc. is an independent provider of financial data processing systems and related information management services and products to more than 5,000 banks, credit unions, mortgage firms and savings institutions worldwide. A publicly held company headquartered in Brookfield, Wis., Fiserv is traded on the NASDAQ over-the-counter market under the symbol FISV.

CONTACT: First National Bank, Kokomo

Thomas D. Gillam, 317/459-3911

or

First Bank and Trust

Steve Priddy, 812/268-4377

or

Irwin Bank and Trust

Charles G. Urtin, 412/863-3100

or

First Indiana Bank

David Gray, 317/269-1346