Fidelity Bank Joins RouteOne's Credit Application Management System

SOUTHFIELD, Mich., June 1 -- RouteOne LLC announced that Atlanta, Georgia-based Fidelity Bank has signed an agreement with the joint venture, enabling the bank to participate in RouteOne's credit application management system. DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services formed RouteOne in 2002 to create a more streamlined credit application process for automobile dealers and their customers. The RouteOne system benefits financial institutions by eliminating errors and saving time and resources.

A subsidiary of Fidelity Southern Corporation, Fidelity Bank operates 19 full-service branches and two indirect automobile loan offices in Georgia as well as mortgage, construction and indirect lending through offices in Florida. Fidelity's total assets equal $1.1 billion.

"Becoming a participating finance source on the RouteOne system allows us to better serve our automotive customers," said Dave Buchanan, senior vice president for consumer banking, Fidelity Bank. "We are extremely excited about the efficiencies offered by RouteOne."

"RouteOne has always put our customers first, and the addition of Fidelity Bank proves our commitment," said RouteOne CEO Mike Jurecki. "We will continue to offer our dealers a variety of finance source alternatives. The addition of Fidelity Bank strengthens our offering to our customers."

RouteOne's web-based system enables automobile dealers and their finance sources to exchange credit application and decision information in real-time, dramatically improving finance source response time from hours to minutes, and in some cases, seconds. Car and truck buyers will benefit from the RouteOne system as well, due to decreased time spent in the financing office.

About RouteOne

Established in April 2002, RouteOne LLC is a joint venture formed by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services to improve the credit application process for automobile dealers, their customers, and participating financial institutions. The joint venture has developed a web-based system that enables dealers and their finance sources, including captives, banks, and other financial institutions, to exchange credit application and decision information online. More information is available at http://www.routeone.com/ .

About Fidelity

Fidelity Southern Corporation, through its operating subsidiary Fidelity Bank, provides a wide range of banking, mortgage and investment services through 19 branches in Atlanta, Georgia. Mortgage, construction and automobile loans are also provided through offices in Jacksonville, Florida. For additional information about Fidelity's products and services, please visit the company's web site at http://www.fidelitysouthern.com/ .