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Two Community Credit Unions Select Corillian to Expand Online Banking, Payments and Security Capabilities; Corillian's Credit Union Expertise, Flexibility and Industry-Leading Approach to Security Were Key Decision Factors.

PORTLAND, Ore. -- Corillian Corp. (Nasdaq:CORI), the top provider of online banking, online payments and anti-fraud solutions to the financial services industry, today announced that Oregon Community Credit Union and Utah Community Credit Union (UCCU) selected Corillian as their partner to deliver next-generation online banking services and provide stronger online authentication to comply with the new FFIEC guidelines. Both credit unions will leverage Corillian Consumer Banking and Corillian's Intelligent Authentication(TM) to provide enhanced online banking and security services to their members.

Oregon Community CU, a $700 million credit union headquartered in Eugene, Ore., wanted to provide new and innovative online banking and security services to its more than 90,000 members, while still maintaining the ability to seamlessly integrate to its existing systems and leverage its internal staff to customize the solution to fit its members' needs. Corillian Consumer Banking incorporates hundreds of online banking best practices from Corillian's years of online banking expertise, as well as from industry-leading research firms, to provide Oregon Community members with the best online services in an easy-to-use online experience.

"Corillian's solutions are superior in that they will allow us to customize our member's online experience according to their needs, preferences and personality," said Laura Illig, director of marketing for Oregon Community Credit Union. "We are excited about the opportunity to provide our members with a tailored online banking service that will help them manage their financial lives."

Utah Community Credit Union (UCCU), a $450 million credit union headquartered in Provo, Utah was looking for a partner to help take its online banking services to the next level to more effectively and securely serve its more than 85,000 members via the online channel. In addition to the online banking and security best practices in Corillian Consumer Banking and Intelligent Authentication, UCCU will leverage Corillian Payments to drive efficiencies in its bill payment operations and provide its members with an enhanced online payment experience.

"With Corillian as a partner, we can assure our members that we have the best online banking system available and our security capabilities are at the forefront of the industry addressing both current and future issues," said Ken Gibby, chief information officer for Utah Community Credit Union. "Corillian has demonstrated its ability to be the innovative industry leader for credit unions and we are excited to work with Corillian to expand our online offering, continuing our commitment to deliver industry-leading online financial services to our growing member base."

The signing of Oregon Community Credit Union and UCCU as new customers reinforces the strong adoption of Corillian's online banking and security solutions within the credit union market. Corillian has experienced tremendous growth in its credit union customer base and expertise over the past 18 months. In 2005, Corillian acquired qbt Systems, adding 15 new credit union customers, including three of the top 10, to Corillian's already strong list of top credit unions, as well as key integration expertise and customer relationships with many of the leading core processors. Also, many credit unions have seen the value of the best practices available in Corillian's online banking and security solutions and have chosen to partner with Corillian to deliver next-generation online services to their members. All of this success has lead to more than two million credit union members now banking online with Corillian software and Corillian has grown its credit union customer base to more than 40 percent of its total business.

"Our new partnerships with Oregon Community Credit Union and Utah Community Credit Union further demonstrate our commitment to providing leading online financial services to credit unions of all sizes," said Alex Hart, president and CEO of Corillian Corporation. "The Corillian applications that Oregon Community Credit Union and Utah Community Credit Union selected will allow them to substantially improve their online offerings by delivering innovative and secure online solutions that can be tailored to meet the growing needs of their member base."

About Oregon Community Credit Union

Oregon Community Credit Union serves more than 90,000 members and currently has an asset size of $700 million. There are currently seven branch locations in the Eugene-Springfield area, two in Salem, and two in Portland. Membership is available to anyone who lives or works in Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill counties. Additional information about Oregon Community Credit Union and its products and services can be found at

About Utah Community Credit Union

Utah Community Credit Union is the largest financial cooperative based in Utah County and third largest in the state of Utah with more than $400 million in assets and more than 85,000 members. The credit union now serves anyone who lives, works, worships, or attends school in Utah, Wasatch, Juab, or Sanpete Counties. As a full-service credit union, Utah Community Credit Union offers all the consumer financial products and latest delivery innovations you'd expect from a large financial institution. For more information, visit

About Corillian Corporation

Corillian is the market leader of online banking, bill payment and fraud prevention applications to the financial services industry. With 28 of the top 100 U.S. banks and 20 of the top 100 U.S. credit unions as customers, Corillian serves over 25 percent of the online banking community. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating best-practice functionality developed for some of the most innovative financial institutions in the world. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. Corillian's fraud prevention solutions use Preemptive Forensics(TM) to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. Empowered by Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's Web site at
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 31, 2006
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