Endpoint Exchange Now in Full Truncation in the 10th District With INTRUST Bank and BancFirst; Check Image Exchange Helps Banks Lower Costs And Leverage Existing Infrastructure.

Business Editors

OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 21, 2002

CheckClear LLC, owner of Endpoint Exchange, the National Check Image Exchange network, announced today it has achieved full electronic truncation in the 10th Federal Reserve District with the installation of the company's image-based check exchange and electronic clearing technology at INTRUST Bank of Wichita, Kansas, and BancFirst of Oklahoma City, positioning the Network for national deployment.

Two of the largest financial institutions in the central region, INTRUST Bank and BancFirst are charter members of the Endpoint Exchange, joining earlier this year through the Central Oklahoma Clearing House Association (COCHA).

"The embracing of image-based check clearing by these two premier financial institutions represents a rather significant step in this region of the country toward complete electronification of paper checks," according to Mark Craig, General Manager of CheckClear, LLC. "Both of these banks are traditionally at the forefront of adopting technologies to benefit their customers and improve the efficiency of their operations."

INTRUST Bank of Wichita, Kansas, is known in the industry as a leading edge financial institution that seeks out innovative opportunities for new technologies in check imaging, fraud prevention, and branch item capture. Joining Endpoint Exchange and participating in truncation and check image exchange for electronic clearing and settlement became the logical next step in INTRUST Bank's efforts to streamline their item processing operations. INTRUST Bank's ability to integrate prime pass image capture with their check image archive solution perfectly positions them to clear and settle their payments through check image exchange. With check images captured remotely, truncation of the paper check at the earliest point of the process can become a reality, with the revenue from the paper check product being maintained and enhanced.

INTRUST Bank was one of the very first banks in the United States to implement a branch item capture solution back in 1997. Branch item capture technology allows INTRUST Bank to image-capture check transactions at the point of origination, positioning them to reap the full benefits of truncation and check image exchange for clearing and settlement through Endpoint Exchange.

Membership in Endpoint Exchange has brought many benefits to INTRUST Bank. Said Jim Simon, VP of Operations at INTRUST Bank, "Being a member of the Endpoint Exchange means that INTRUST Bank and the other Exchange members can truncate the check at the point of deposit, permitting the exchange of images instead of paper checks. It means faster clearing and settlement. It means reduced float, narrowing the window for check fraud. It means we can reduce the transportation infrastructure needed to move paper checks. It means fully exploiting the power and promise of check image capture and archive systems. Endpoint Exchange represents a 'Win-Win' for INTRUST Bank by allowing us to further streamline our operations and provide greater value to our clients."

BancFirst of Oklahoma City is another progressive bank that is balancing the big picture of truncation and check image exchange with bottom line results. BancFirst has been built around delivering their customers efficient, effective service with the best available technology solutions. BancFirst was quick to understand that becoming a member of the Endpoint Exchange would be an easy way to lower their check clearing and settlement costs.

"The Check Clearing For The 21st Century Act (formerly known as "The Check Truncation Act") will encourage industry standards for truncation and check image exchange and accelerate customer acceptance," said Scott Copeland, CIO of BancFirst. "CheckClear's Endpoint Exchange is clearly established as the industry leading network with the processes and technology to help financial institutions mitigate the impact and extract all the new benefits of truncation and check image exchange. CheckClear has the proven integration competency and technical savvy to engineer the industry's move from a paper-check clearing and settlement environment to nationwide electronic check image exchange across all 12 Federal Reserve Districts."

Both INTRUST Bank and BancFirst are members of COCHA, the Central Oklahoma Clearing House Association, dedicated to providing an efficient and cost-effective mechanism for the exchange of deposited items between financial institutions in the 10th Federal Reserve District. COCHA became the first Clearing House to join the Endpoint Exchange in April of 2002, enabling them to electronically clear every eligible item in the 10th District.

"Truncation of checks at the bank of first deposit and the subsequent exchange of check images through the Endpoint National Check Image Exchange greatly increases efficiency, significantly reduces check-handling costs, and allows our member institutions to identify fraudulent checks faster," said Sharon Lewis, Executive Director of COCHA. "We invite all image-enabled financial institutions in the 10th District to contact us about membership in the Endpoint Exchange."

"INTRUST Bank and BancFirst have successfully proven that banks no longer have to be wedded to the way things have always been done in the past," said Mark Craig. "It's time for all financial institutions to pull the plug on paper check clearing and settlement and adapt to the coming boom of truncation and check image exchange."

About Endpoint Exchange

Endpoint Exchange is a product and service offering of Oklahoma City-based, CheckClear LLC. Endpoint Exchange is designed to help all U.S. financial institutions clear their check-based transactions by exchanging images between member banks, thrifts, credit unions, service bureaus, clearinghouses, and the Federal Reserve. Endpoint Exchange is the country's first and only electronic check clearing network that capitalizes on existing imaging infrastructure and settlement relationships, with the goal of connecting every endpoint in the nation. Learn more about Endpoint Exchange at www.endpointexchange.com.

About INTRUST Bank

INTRUST Financial Corp., with assets of $2.5 billion, is the largest independent bank holding company headquartered in Kansas. Its principal subsidiary, INTRUST Bank, was founded in 1876 and is now in its fourth generation of leadership from the Chandler family. INTRUST continues to retain its Midwest focus and its strong commitment to the communities it serves. INTRUST has branches in Andover, Augusta, Derby, El Dorado, Haysville, Lawrence, Manhattan, Overland Park, Prairie Village, Shawnee, Topeka, Valley Center, and Wichita, Kansas and Oklahoma City, Moore, and Mustang, Oklahoma.

About BancFirst

With assets of more than $2.8 billion, BancFirst is Oklahoma's largest state-chartered bank. BancFirst has over 100 locations in 43 cities across the state. BancFirst is listed on the NASDAQ National Market System under the symbol BANF.

About COCHA

The Central Oklahoma Clearing House Association (COCHA) is a non-profit 501c(6) business and trade association originally organized in 1903 as the Oklahoma City Clearing House. The association's primary focus is to provide an efficient and cost-effective mechanism for the exchange of locally deposited items between member financial institutions. Program participation and support services assist member institutions at various levels from check clearing to loss avoidance to benefits compensation.