Lenders One Reaches Company Milestone in Membership

Stock Yards Bank And Trust Helps National Cooperative Reach Goal
ST. LOUIS--(Business Wire)--Lenders One, a national alliance of independent mortgage bankers,
announced today the induction of its 100th member, Stock Yards Bank &
Trust of Louisville, KY. Stock Yards Bank & Trust, a publicly traded
bank holding company, wholly owned by S.Y. Bancorp, Inc., has over 27
Branch locations in the Louisville, Indianapolis and Cincinnati
markets.

By attracting this number of members in just seven years, Lenders
One has firmly positioned itself as the largest and fastest growing
mortgage cooperative in America. Lenders One and its members represent
more than 100 mortgage companies in all 50 states. Collectively, these
lenders are the ninth largest mortgage originator in the country.

"We're thrilled to have Stock Yards Bank & Trust as our 100th
member," said Scott Stern, CEO of Lenders One. "Growing so quickly
during the last seven years proves the Lenders One model works
positively for its members. It enables them to do things they couldn't
do on their own - all without sacrificing their independence."

Stock Yards Bank & Trust officials cited becoming a member of
Lenders One enables them to be more competitive with other national
lenders. "Lenders One has a unique business model with many
cost-saving opportunities and networking benefits that makes
economical sense," said Carolyn Sachse, senior vice president, Stock
Yards Bank & Trust. "In this industry, our margins are so slim and our
expenses are so high, our relationship with the cooperative can reduce
expenses and increase profits, it makes a difference to the bottom
line."

Lenders One is a collectively-run cooperative of independently
owned mortgage bankers. Cooperatives - most popularly known in the
farming industry - had not been applied to mortgage lending until the
formation of Lenders One in 2000 by founders Scott Stern, Tim Stern
and Barry Sandweiss.

"Lenders One is transforming the industry," said Sandweiss, COO of
Lenders One. "It takes independent mortgage bankers from across the
nation and leverages their origination volume and makes them
competitive with the other top 10 mortgage companies. This achievement
is especially significant in an era in which small businesses often
struggle against national mega-competitors."

With its collective power, Lenders One and its members can
negotiate better prices in mortgage sales than individual mortgage
bankers can do on their own. In addition, Lenders One provides pricing
advantages in both mortgage- and business-related products and
services. The combination of increasing revenue and decreasing
expenses adds up to significantly increased profitability for Lenders
One members.

"When we started seven years ago, one of our original goals was to
hit 100 members in 10 years," said Lenders One President, Tim Stern.
"Having reached our projections early is a testament to our ability to
provide uncompromising service and true benefits to the mortgage
industry. We are going to continue to work diligently to offer
revenue-enhancing, cost-saving and market-share-expanding
opportunities."

About Lenders One

Lenders One is a national alliance of independent mortgage bankers
which was established in 2000 and is based in St. Louis, Mo. With 100
members originating $35 billion in mortgage loans annually, the
Lenders One alliance ranks as the ninth largest mortgage originator in
the United States. Lenders One leverages its aggregate buying power
and preferred-investor relationships to negotiate better lending
terms, provide premium business services at reduced costs and offer
ongoing seminar training through Lenders One University. For more
information about membership, contact Tim Stern 866.728.5678 or visit
www.lendersone.com.

For Lenders One
Media Contacts
Charlyne H. McWilliams, 301-933-5567
or
Will Davison, 240-242-4041

Copyright Business Wire 2008