Online Resources Adds Check Imaging To Its Full Service Suite

First Regional Bank Launches Highly Demanded Feature; COCC to Launch in Second Quarter

MCLEAN, Va., March 26, 2003

Online Resources Corp. (Nasdaq: ORCC), a leading outsourcer of Internet banking and payment services, today announced that it is making online check imaging available to its financial institution clients as part of its QuotienSM full service suite. The new feature enables the Company's clients to use their Internet channel to further reduce costs and provide their customers the convenience of online access to posted checks.

First Regional Bank is Online Resources' first client to launch online check imaging, which is available to financial institutions that use check and processing software from Advanced Financial Solutions (AFS), an image-based digital solutions provider. Online Resources is currently working with several other imaging providers to bring online check imaging to additional clients.

In the second quarter, Online Resources and processing partner COCC will offer the online check imaging feature to more than 50 mutual clients in the northeastern United States. COCC will also utilize the AFS package to deliver secure check images that are fully integrated within Online Resources' full service suite.

"As Online Resources continues to provide us innovative features, we are better able to enhance our customer relationships and keep a competitive edge," said Jackie Nixon, Vice President of First Regional Bank. "Our customers have asked for online check imaging, and we're pleased that Online Resources is delivering it."

"Online Resources continues to demonstrate its commitment to service through technology advancement," said Richard A. Leone, President and CEO of COCC. "We appreciate the opportunity to respond to customer demand for this leading edge product."

"Check imaging is just one way we're helping clients like First Regional Bank and COCC broaden their virtual branch functionality, making the Internet channel a richer, more valuable offering. Since demand for online check imaging by consumers remains high, our clients will be able to attract and retain even more online banking customers as well as see additional back office cost savings," stated Stephanie Chaufournier, Online Resources' Senior Vice President of Product Management.

About First Regional Bank

First Regional Bank is a subsidiary of bank holding company First Regional Bancorp (Nasdaq: FRGB). Headquartered in Century City, California, First Regional Bank specializes in providing businesses and professionals with the management expertise of a major bank and the personalized service of an independent.

About Advanced Financial Solutions

AFS is a leading provider of image-based processing, payment, and transaction software technology for companies engaged in banking, retail, energy, insurance, transportation, credit, and government operations. An international company with offices around the world, AFS software programs and applications process checks and items for nearly 13% of the world's financial institutions. AFS provides payment-processing solutions that improve productivity, flexibility, efficiencies, and service levels. AFS has been recognized as one of the nation's fastest growing private companies for four consecutive years according to Inc. Magazine. Visit AFS on the Web at www.afsimage.com.

About COCC

Established in 1967, COCC (www.cocc.com) is a customer-owned outsourcing and software development company that provides complete enterprise processing solutions for community banks throughout the Northeastern US. All solutions are highly integrated for exceptional price/performance. Services include Client/Server Core Processing, CRM/EIS services, Data Warehousing/Custom Reporting, Commercial Product Support, Check and Statement Imaging, direct support of ATMs, Debit Card support, Financial Management, VRU/Cold, Retail and commercial Origination, and Network Management. COCC's 295 employees provide a full range of integrated information technology services to 90 financial institutions with combined assets of more than $20 billion.

About Online Resources

Online Resources (Nasdaq: ORCC - www.orcc.com) is an outsourcer of Internet banking and payment services to over 500 financial institutions nationwide. In contrast to other providers, Online Resources owns, operates and drives critical banking, payments and marketing infrastructure that enable a superior customer experience and Internet channel success. The company's services, branded to our financial institution clients, power approximately 100 million transactions and $5 billion in consumer bill payments annually. Founded in 1989, Online Resources has been recognized as one of the nation's fastest growing technology companies.

This news release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specifically factors that might cause such a difference include, but are not limited to: the company's history of losses and anticipation of future losses; the company's dependence on the marketing efforts of third parties; the potential fluctuations in the company's operating results; the company's potential need for additional capital; the company's potential inability to expand the company's services and related products in the event of substantial increases in demand for these services and related products; the company's competition; the company's ability to attract and retain skilled personnel; the company's reliance on the company's patents and other intellectual property; the early stage of market adoption of the services it offers; consolidation of the banking and financial services industry; and those risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's Form 10-K, latest 10-Q, and S-3 as filed with the Securities and Exchange Commission. These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.

Media Contact: Beth Halloran,
Director, Corporate Communications
703.394.5248
bhalloran@orcc.com