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Two new board directors for PULSE

January 10, 2002

HOUSTON -- Executives from Bank One and Lubbock National Bank will join the Board of Directors for the PULSE® EFT Association, a financial industry-owned and operated EFT network.

The association named Scott M. McBrair of Bank One in Columbus, Ohio and David Seim of Lubbock National Bank to the board.

McBrair is executive vice president and manager of the Retail Operations Group for Bank One Corporation, a $275 billion bank holding company headquartered in Chicago. He manages Bank One's 5,700 ATM network, Electronic Delivery Operations, Deposit Risk Management, a four-site internal help telephone operation called Answer One, Retail Business Continuity and Equipment Support.

Seim is president and CEO of Lubbock National Bank in Lubbock, Texas, a $300 million commercial bank with additional offices in Austin and College Station. He serves as a director for the Independent Community Bankers Association of America.

Stan Paur, PULSE president and CEO, said diversity in the PULSE Board is critical.

"Scott McBrair and David Seim will complement a Board of representatives from institutions of all sizes and types committed to insuring the financial industry as a high quality, low cost network option," Paur said.

PULSE connects 60 million cardholders with more than 76,500 ATMs and 300,000 POS merchant locations throughout the U.S. for nearly 3,000 banks, credit unions and savings and loans.


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