METAVANTE SUPPORTS HOMESTREET BANK WITH INTEGRATED BANKING AND PAYMENTS TECHNOLOGY

Improved speed to market and increased efficiency will support focus on client service and profitability

MILWAUKEE, Nov. 20, 2008 (AllPayNews.com) – Metavante (NYSE:MV), a leading provider of banking and payments technology, today announced that HomeStreet Bank has elected to replace its current core processing solution with Metavante Corporation’s Integrated Banking Services, a core system offering within Metavante’s Banking Solutions division. Headquartered in Seattle with assets of $2.9 billion, HomeStreet Bank offers a full range of financial services through its network of 30 branch and mortgage offices located in Washington, Oregon and Hawaii.

HomeStreet Bank will deploy Metavante’s Integrated Banking Services, the client-centric core banking platform that consists of a broad offering of financial services solutions to meet the evolving business objectives of retail, commercial and business institutions, regardless of the organization’s size or business plan. As part of its extensive agreement, HomeStreet has selected several additional solutions that include: customer relationship management, electronic funds transfer, document imaging services, debit card processing and card personalization. These solutions are integrated with Metavante’s core banking platform, providing HomeStreet with an end-to-end solution that will support improved customer service. The bank has also joined Metavante’s NYCE Network, naming NYCE its exclusive provider for ATM and PIN-based point-of-sale debit card access.

“Throughout our 87-year history, we have recognized that the key to our success is in building long-term relationships with our customers," said Joan Enticknap, president and chief operating officer of HomeStreet Bank. “We are able to do this by providing consistently great service, which depends in large part on having the systems in place that allow us to meet the needs of our customers each and every day. As we continue to grow, Metavante will help us maintain our focus on customers by providing the systems and support we need.”

“Dynamic factors such as technology advancements, globalization, new competitors and elevated customer expectations are rapidly reshaping the market and challenging financial institutions’ abilities to adapt,” said Jamie Geschke, president of Metavante Financial Solutions Group, which includes the Banking Solutions division. “Metavante’s robust platform enables our technology products and services to work together, allowing clients like HomeStreet Bank to more efficiently develop and adapt their financial services to meet the needs of their customers, without recurring infrastructure investment and business disruption.”

Metavante Banking Solutions offers one of the most comprehensive sets of integrated products and services for financial service providers that are centered on core customer and account management, specializing in deposit, loan and trust accounts. Metavante also provides flexibility in deployment options, including licensed in-house software and a variety of outsourcing or servicing options. Metavante Banking Solutions services all financial services market segments, both domestic and international. Solutions offered include: core account processing, fully integrated delivery channels, business and marketing analytics, electronic banking, integrated payments, image, risk and compliance solutions, along with business and technology consulting. Metavante is making extensive investments in the future of U.S. banking by bringing global banking characteristics, such as multiple language, multi-currency and continuous processing, to the U.S. financial institutions market through its banking solutions. Metavante Banking Solutions serves over 1,500 financial services providers, ranging from community banks to the top 50 U.S. banks.

About HomeStreet Bank
Founded in 1921, family- and employee-owned HomeStreet Bank is one of the largest privately owned banks in the Pacific Northwest and Hawaii. Headquartered in Seattle, the company has assets of $2.9 billion and a network of 30 branches and mortgage offices. HomeStreet Bank is one of the only banks in the country that has consistently received an “outstanding” rating under the Community Reinvestment Act (CRA).

About Metavante
Metavante Technologies, Inc. (NYSE:MV) is the parent company of Metavante Corporation. Metavante Corporation delivers banking and payments technologies to over 8,000 financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, business transformation services, and payment network solutions including the NYCE Network, a leading ATM/PIN debit network. Metavante (www.metavante.com [1]) is headquartered in Milwaukee.

News Release
Contact: Jordan Rittenberry, Edelman
312-233-1226, jordan.rittenberry@edelman.com [2]