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BankDirect Expands Online Services With Addition Of TurboTax© For The WebSM Offering
Accessing the leading Web-based tax preparation service is now easier than ever for BankDirect clients

FOR IMMEDIATE RELEASE
January 31, 2003

DALLAS - BankDirect today announced it has expanded its online service offerings to include the TurboTax® for the WebSM service through a marketing alliance with Intuit, Inc. TurboTax for the Web enables taxpayers to prepare and file federal and state income tax returns online using the same core features and benefits as the No.1-selling TurboTax desktop software programs. And since no downloading of software is required, preparing and filing taxes is faster, easier and more convenient.

The agreement expands BankDirect's suite of financial services, giving clients a fast, easy, and low-cost way to automate tax return preparation. TurboTax for the Web supports more than 100 IRS tax forms, schedules and worksheets, including 1040, 1040A, and 1040EZ forms. Electronic filing services are included in the cost of tax preparation. TurboTax for the Web gives BankDirect customers new options this year, including the TurboTax Premier for the Web service that features a tax law advisor; extended EasyStep™ interview, review for Schedules C, D and E; and additional planning tools.

TurboTax for the Web will be available to BankDirect customers at www.bankdirect.com to use from mid-January, 2003 until October 15, 2003, the last filing date for tax year 2002.

If you have questions or would like further information on this press release, contact BankDirect at 1.877.839.2737 or clientsupport@bankdirect.com.

Intuit, TurboTax and EasyStep are registered trademarks, and TurboTax for the Web and Intuit Tax Freedom Project are service marks, of Intuit Inc.


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