DealerTrack Adds Compass Bank to Lender Line-Up; Lenders Continue to Adopt DealerTrack Platform, Joining over 20,000 Dealers

    MELVILLE, N.Y.--June 16, 2003--Compass Bank, a subsidiary of Compass Bancshares, Inc., has joined the growing list of lending institutions utilizing the DealerTrack(TM) auto finance platform. Compass Bank will accelerate its dealer-to-lender relationships by making its lending services available to its dealers on the DealerTrack auto finance platform.
    Compass Bank had previously been a participant on Credit Online's CreditConnection(R) network. Following DealerTrack's recent acquisition of Credit Online, Compass Bank has now migrated to the DealerTrack platform - providing its dealer customers with access to the best of both worlds.
    Compass Bank's dealer customers who use DealerTrack are now able to electronically submit credit applications to the lender. Dealers can also use the platform to monitor changes in application status, share information instantly with lenders on the system and access credit reports. In addition, DealerTrack now offers dealers the ability to integrate with leading dealer management systems.
    "We see true value in the automation of our financing process through the use of the DealerTrack platform," said Kurt Lettow, senior vice president of Compass Bank. "DealerTrack's leading-edge functionality, combined with its extensive representation of the dealer community, was critical in our strategic decision to adopt the platform. Our dealer customers are thrilled that we've joined as well."
    "Compass Bank is yet another top-quality lender to join the DealerTrack family from the CreditConnection platform," said Mark O'Neil, DealerTrack president and chief executive officer. "We look forward to creating real benefits in the lending process for both Compass Bank and its dealer customers as they make the transition to the DealerTrack platform."

    About DealerTrack:
    With over 20,000 dealers and over 30 lenders currently connected, DealerTrack is North America's premier independent Web-based platform that automates and accelerates the entire dealer-to-lender relationship, from financing to daily information sharing. The DealerTrack suite of products includes credit application processing, credit bureau access, electronic contracting and lease comparisons - all in one easy-to-use, integrated solution. Additionally, the DealerTrack platform features integration with top dealer management systems for credit application processing and credit bureau access. More information on DealerTrack is available at www.dealertrack.com or by calling 877-357-8725.

    About Compass Bank:
    Compass Bank is a subsidiary of Compass Bancshares, Inc., a Southwestern financial holding company with $24.3 billion in assets and 355 full-service banking offices in Alabama, Arizona, Colorado, Florida, New Mexico and Texas. Compass Bancshares is among the top 40 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. The company's earnings per share have increased for 15 consecutive years and dividends per share have increased for 22 consecutive years.