Online Resources Corporation (Nasdaq:ORCC), a leading provider of web-based financial services, today announced that National Penn Bancshares and Travis Credit Union have signed new multi-year agreements with its Community Bank & Credit Union Services unit for retail Internet banking and other services. The institutions’ combined 100,000 end-users are scheduled to be converted to Online Resources’ platform later this year.

National Penn Bancshares is the fifth largest bank holding company in Pennsylvania, operating 127 community offices with more than 130,000 customers. National Penn chose a highly customizable, dedicated software version of the Internet Banking suite that is hosted by Online Resources. This solution provides the bank the flexibility to perform extensive interface customization and branding for each of their divisions through a set of administrative tools, without the high cost associated with fixed systems operations.

“Online Resources’ scale and flexibility were paramount to our decision to go with their Internet banking services,” said M. Robin Hitchcock, senior vice president of Product Development for National Penn Bancshares. “We will be able to use their services to provide a customized, outstanding online experience for our customers and at the same time enjoy the benefits of working with a trusted technology partner.”

National Penn also signed on for a host of other Online Resources services including account opening, funds transfer, Spanish language, mobile banking and consumer marketing.

Travis Credit Union is one of the largest credit unions in California with more than 150,000 members. In addition to selecting the customizable, dedicated software version of the Internet banking suite for its member end-users, Travis chose Business Banking for its commercial members. Spanning five counties, the credit union will have full control of the applications for branding and other modifications that are specific to its multiple branch sites. Online Resources will also provide the credit union Spanish language, consumer marketing and several other fully integrated services.

“At Travis Credit Union, our priority is to put our members first, which includes providing the highest quality, innovative online services,” said Craig Crismon, associate vice president of Information Technology for Travis Credit Union. “We chose Online Resources for retail and business banking because it allows us to rely on their infrastructure for secure, robust systems support and also to tailor the applications to meet our membership’s needs.”

About Online Resources

Online Resources powers web-based financial services for thousands of 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 more than 10 million end-users and processes over $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 technology companies.

About National Penn Bancshares, Inc.

National Penn Bancshares, Inc. (Nasdaq: NPBC) is a $9.1 billion asset financial services company operating 124 community offices in Pennsylvania and 1 office in Maryland through National Penn Bank and its KNBT, FirstService Bank, HomeTowne Heritage Bank, and Nittany Bank divisions. National Penn also has two offices in Delaware through its wholly-owned subsidiary, Christiana Bank & Trust Company. National Penn’s financial services affiliates consist of National Penn Investors Trust Company; National Penn Capital Advisors, Inc.; Vantage Investment Advisors, LLC; National Penn Leasing Company; National Penn Insurance Agency, Inc.; Caruso Benefits Group, Inc.; and Higgins Insurance Associates, Inc. Additional information about the National Penn family is available on the company's Web site at www.nationalpennbancshares.com.

About Travis Credit Union

Headquartered in Vacaville, California, Travis Credit Union is a not-for-profit cooperative financial institution serving those who live or work in one of 11 counties in California. Currently, Travis Credit Union is the 12th largest credit union in California with more than $1.6 billion in assets. As one of the leading financial institutions in Solano, Contra Costa, Napa, Yolo and Merced Counties, Travis Credit Union’s strength lies in its faithful commitment to its members and the community; its solid, secure history; and its long-standing track record of dedicated service. For more information, visit www.traviscu.org.

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.

Online Resources Corporation
Media Contact:
Beth Halloran
Sr. Dir., Corporate Communications
703-653-2248
bhalloran@orcc.com