TD Banknorth Renews Payment Agreement with Online Resources.

$40 Billion Asset Bank Signs Multi-Year Contract for Full Set of Retail and Commercial Services

CHANTILLY, Va. -- Online Resources Corporation (Nasdaq: ORCC), a leading provider of Web-based financial services, today announced that TD Banknorth Inc. (NYSE: BNK), which serves 1.5 million households in eight Northeastern states, has extended a multi-year contract for a full suite of online payment and concentration services for its retail banking and consumer lending operations. In addition, TD Banknorth will resell Online Resources' biller direct payment services to its commercial clients.

Since 2000, Online Resources' PayAnyone([R]) service has powered payments for TD Banknorth's online banking and customer service channels. PayAnyone utilizes proprietary Real-Time Digital Scanline([R]) (RTDS) technology, which enhances payment processing to produce the highest electronic rate and lowest claims rate in the industry.

For its consumer loans, TD Banknorth will continue to use the Company's Collect Pay[TM] service to facilitate payments from their lending customers. In addition, the Bank will offer CollectPay to its base of commercial clients, which include utility, insurance, health care and other businesses, enabling them to receive electronic payments from their consumers.

The Bank also uses Online Resources' LockboxPlus[TM] service to consolidate all incoming payments in a variety of formats into a single electronic posting file. This service enables TD Banknorth to simplify the processing of payments, perform reconciliation and better manage accounts receivables. LockboxPlus also uses RTDS to eliminate posting errors by validating all account numbers and payment instructions.

"Online Resources' broad set of integrated solutions continue to help us maximize the efficiency of our entire payment chain," said Joseph Hanson, executive vice president of Operations for TD Banknorth. "Using a comprehensive approach and a variety of high quality services, and by driving adoption of online payment services, we are working together to ensure our customers receive the best experience possible."

"TD Banknorth understands that a multi-faceted yet highly consolidated payment approach is critical to meeting their distinct customer and operational needs," said Stephanie Chaufournier, Online Resources' executive vice president and general manager for Banking Payment Services. "We are pleased to provide TD Banknorth a comprehensive set of payment services that help drive efficiency, value and satisfaction."

About TD Banknorth Inc.

TD Banknorth Inc. is a leading banking and financial services company headquartered in Portland, Maine and a majority-owned subsidiary of TD Bank Financial Group. At December 31, 2006, TD Banknorth had $40 billion of total consolidated assets. TD Banknorth's banking subsidiary, TD Banknorth, N.A., operates banking divisions in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont. TD Banknorth and TD Banknorth, N.A. also operate subsidiaries and divisions in insurance, wealth management, merchant services, mortgage banking, government banking, private label credit cards, insurance premium financing and other financial services and offers investment products in association with PrimeVest Financial Services, Inc. The TD Banknorth common stock trades on the New York Stock Exchange under the symbol "BNK." For more information, visit http://www.TDBanknorth.com.

About Online Resources

Online Resources powers web-based financial services for 2600 financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are branded to its clients, and augmented by marketing services to drive consumer and business end-user adoption. The Company serves over 8 million end-users and processes $100 billion in bill payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC; www.orcc.com) is recognized as one of the nation's fastest growing companies.

This news release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specifically factors that might cause such a difference include, but are not limited to: the company's history of losses and anticipation of future losses; the company's dependence on the marketing efforts of third parties; the potential fluctuations in the company's operating results; the company's potential need for additional capital; the company's potential inability to expand the company's services and related products in the event of substantial increases in demand for these services and related products; the company's competition; the company's ability to attract and retain skilled personnel; the company's reliance on the company's patents and other intellectual property; the early stage of market adoption of the services it offers; consolidation of the banking and financial services industry; and those risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's Form 10-K, latest 10-Q, and S-3 as filed with the Securities and Exchange Commission. These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.