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Thursday, December 16, 2004

Digital Insight Partnership With State Employees Federal Credit Union (NY) Considered 'Competitive Equalizer' for the Credit Union

Digital Insight Partnership With State Employees Federal Credit Union (NY) Considered 'Competitive Equalizer' for the Credit Union

Companies Renew Successful Relationship Through 2009

CALABASAS, Calif. and ALBANY, N.Y., Dec. 16 /PRNewswire-FirstCall/ -- Digital Insight(R) Corp. (NASDAQ:DGIN) (www.digitalinsight.com), the leading online banking provider, and State Employees Federal Credit Union (www.sefcu.com) (SEFCU) announced today the extension of their partnership through 2009. Since introducing Digital Insight online banking solutions to its members in 2000, the 125,000-member credit union has doubled its assets from $611 million to $1.23 billion and expanded its member base by 30%.

Celebrating its 70th anniversary this year, SEFCU was the first financial institution in the New York capital area to offer full-service online banking. SEFCU considers its partnership with Digital Insight to be its "competitive equalizer" in its battle with larger financial institutions because Digital Insight offers an extensive product suite, world-class operating infrastructure, effective programs to drive adoption and usage, and research and development capabilities that SEFCU could not replicate on its own.

"There are two types of financial institutions that offer online banking to their members: those that simply 'check the box,' and those that excel at it. At SEFCU, thanks to Digital Insight, we excel at online banking," said Michael Castellana, president of SEFCU. "Digital Insight has helped us create a reliable self-service delivery channel, resulting in millions of transactions each year, enabling us to better service our current members as well as grow our overall membership."

Digital Insight online banking solutions at SEFCU include member consumer Internet banking in English and Spanish, bill payment and presentment, check imaging, online support via chat and email, and wireless banking. SEFCU will soon launch additional solutions including online cash management for business members, account aggregation and person-to-person transfers.

"Digital Insight provides our client financial institutions with the online banking applications, services and expertise they need to compete and win," said Digital Insight chairman, president and CEO Jeff Stiefler. "Our close partnership has contributed to SEFCU's remarkable growth within a very competitive market. We look forward to building on this success over the next five years."

SEFCU is the 68th largest credit union in the United States and the largest credit union in the New York Capital Region.

About State Employees Federal Credit Union

SEFCU is one of the oldest and largest credit unions in upstate New York, serving more than 125,000 members in the Capital Region, Binghamton, and Syracuse. With total assets of more than $1.2 billion, SEFCU provides personal banking services, including a full range of real estate, vehicle, and personal loans. The credit union also offers online and wireless banking, Internet bill payment, and electronic statements. Other services include business banking and lending, as well as wealth management and insurance services offered through its wholly owned subsidiary.

About Digital Insight

Digital Insight(R) Corporation is the leading online banking provider for financial institutions. Through its comprehensive portfolio of Internet-based financial products and services built upon the company's unique architecture, Digital Insight enables banks and credit unions to become the trusted transaction hub for their retail and commercial customers. Digital Insight offers consumer and business Internet banking, online lending, electronic bill payment and presentment, check imaging, account-to-account transfers, website development and hosting and marketing programs designed to help increase online banking end user growth and more. Each Digital Insight product and service reinforces the strength of its financial institution clients.

Safe Harbor Statement under the Private Litigation Reform Act of 1995

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the duration of the client contract, as well as transaction and end user volumes. Such statements are based on management's current expectations. Because of various risks and uncertainties, including risk of contract termination and lower-than-expected growth in transaction and end user volume, actual strategies and results in future periods may differ materially from those currently expected. Additional discussion of factors affecting these forward-looking statements is contained in Digital Insight's most recent filings with the Securities and Exchange Commission.

http://www.sefcu.com


Source: Digital Insight Corp.

CONTACT: Corporate Communications, Jane Schachtel, Director of
Marketing, ext. 86069, or Investor Relations, Erik Randerson, ext. 86615, both
of Digital Insight, +1-888-344-4674; or Ernie Buday of The Ledlie Group,
+1-404-266-8833, ernie.buday@theledliegroup.com, for Digital Insight

Web site: http://www.digitalinsight.com/


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