Commercial Federal Bank Selects APPRO Systems To Facilitate Consumer and Small Business Lending Automation.

Business Editors

BAI Retail Delivery 2003

NEW ORLEANS--(BUSINESS WIRE)--Nov. 19, 2003

Direct, indirect and small business lending for seven states

managed through a single vendor

APPRO Systems, Inc., the leading provider of automated credit risk management and financial technologies for the lending industry, announced today at the BAI Retail Delivery Conference & Expo 2003 that Omaha, Neb.-based Commercial Federal Bank ($12.5 billion asset) has purchased application service provider (ASP) versions of APPRO's LoanCenter Consumer(TM) and LoanCenter Business(TM) automated loan decisioning systems.

Commercial Federal Bank selected APPRO's technology to replace its existing lending systems and will utilize LoanCenter Consumer and LoanCenter Business to process loan applications made through all of its approximately 200 branch locations located across seven Midwestern and Western states as well as the Internet. Bank officials site the ASP option, peripheral systems interface capabilities and opportunity to run both consumer and small business lending through a single vendor as key components of their purchase decision.

"We wanted a solution that would enable us to manage three different business lines - indirect, direct and small business lending - through just one system," said Glen Johnson, vice president and director of Consumer Lending for Commercial Federal Bank. "With the same look and feel for all of our lending technology, our staff can be trained more quickly and will be able to more easily move between consumer and small business lending because the user interface for the systems will be the same. This will impact our customers in the form of higher levels of service as we will now be able to process applications more efficiently, give automated decisions up-front and better facilitate loan applications through the Internet."

"The size and scope of Commercial Federal Bank's lending operations - through a network of branch locations in a number of large states - makes LoanCenter the ideal tool for fully automating its consumer and small business lending," said Steve Uffman, chairman and CEO of APPRO Systems, Inc. "I expect the bank to realize an immediate impact on its internal operations as a result of implementation and a continuing positive impact as the bank's lending business continues to grow."

About Commercial Federal Bank

Commercial Federal Corporation (NYSE: CFB) is the parent company of Commercial Federal Bank, a $12.5 billion federal savings bank that currently operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma, Missouri and Arizona. Commercial Federal operations include consumer, commercial, mortgage and Internet banking; consumer, commercial and small business lending; and insurance and investment services. Commercial Federal's Web site can be accessed at www.comfedbank.com.

About APPRO Systems, Inc.

APPRO Systems, Inc. is the lending industry's leading provider of comprehensive, automated credit risk management and financial technologies for the Internet and traditional lending environments. APPRO supports more than 400 financial institutions, with customers of all types in the United States, Canada and Puerto Rico. The company provides rapid implementation time and professional services for its signature product, LoanCenter(TM), a scalable software system that enables high decision quality and speed and automates the entire workflow of processing credit applications and originating loans for lenders of all sizes. The 25-year-old company is based in Baton Rouge, La. with additional offices in Dallas, Texas. For additional information about APPRO, visit the company's Web site at www.approsystems.com.