U.S. Bank Now Fully Integrated to RouteOne Platform

FARMINGTON HILLS, Mich., June 24 /PRNewswire/ -- RouteOne LLC announced today that U.S. Bank, the sixth largest commercial bank in the United States, is now available to dealers as an electronic finance source option on RouteOne's web-based credit application management system. U.S. Bank finalized the agreement to integrate with RouteOne in January of this year.

U.S. Bancorp, with $242 billion in assets, is the parent company of U.S. Bank. The company operates 2,522 banking offices and 4,844 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust, and payment services products to consumers, businesses and institutions.

"U.S. Bank is a preferred finance source partner for many of our dealer customers," said Mike Jurecki, RouteOne CEO. "We anticipate that RouteOne will have an immediate and positive impact on the business of U.S. Bank and its dealers."

"We are excited to offer our dealers another choice in how they conduct business with U.S. Bank," said Tom Wirth, President, U.S. Bank Indirect Lending. "We're looking forward to leveraging the RouteOne platform to drive efficiencies and cost savings for our dealers. Fully integrating with RouteOne matches our strategy of providing our dealer customers with flexibility and ease of doing business."

In addition to providing access to both captive and non-captive finance sources through a single portal, RouteOne offers a wide variety of tools to assist the dealer in managing their day-to-day business, such as a detailed reporting suite, DSP integration, and credit bureau access, all within a single desktop application. RouteOne's open integration business model allows the dealer to integrate with their choice of a wide variety best in class providers, including DSPs, CRM systems, F&I modules and menu providers. More information can be found at www.routeone.com.

ABOUT ROUTEONE

RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.

ABOUT U.S. BANCORP

U.S. Bancorp, with $242 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,522 banking offices and 4,844 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

    CONTACT: Suzi Straffon
             RouteOne LLC
             248.862.7074