Pinnacle Financial Strategies Supports Federal Reserve`s Revised Overdraft Regulations

Leading Provider of Consumer-Focused Overdraft Protection Programs Says Clients
Well-Positioned for Full Compliance with New Regulation E Provisions
HOUSTON--(Business Wire)--
Pinnacle Financial Strategies, a leading provider of consumer-focused products
and services for community banks and credit unions, today voiced its support for
the Fed`s newly revised overdraft protection regulations.

Regulation E mandates the penalty-free opt-out approach for traditional
overdrafts by check or ACH - one that Pinnacle has long championed. It also
confirms Pinnacle`s best practice of fully disclosing program coverage,
application and options to consumers.

"Pinnacle is well-known in the banking industry for our transparent approach to
overdraft protection, so our clients are optimally positioned to implement these
changes and to fully comply with the revisions," said Pinnacle Chief Executive
Officer, Joe Gillen. "For some time, our products and services have given our
clients` customers the ability to opt-in to overdraft coverage, and we`ve also
supported the bifurcated approach to overdraft protection - allowing consumers
to choose different overdraft coverage options for their debit card purchases
and ATM withdrawals."

Regulation E provides assurance to thousands of community banks and credit
unions already offering fair, consumer-oriented overdraft protection programs.
Still, many of these institutions will seek compliance expertise and solutions
in the coming months.

To that end, Pinnacle will continue to work closely with technology partners and
community bank and credit union clients as they move to comply with the new Reg
E provisions. Pinnacle clients and other community banks and credit unions
needing assistance with regulatory issues, including compliance with Reg DD and
Reg E, should visit their compliance site at http://compliance.pinnstrat.com or
call Pinnacle at (713) 868-3333, or toll free at (866) 737-1235.

About Pinnacle Financial Strategies

Founded in 1997, Pinnacle has provided financial products and services to more
than 1,000 community banks and credit unions in support of their goals to put
customer and member needs first. For more information, call Pinnacle Financial
Strategies at (866) 737-1235 or visit www.pinnstrat.com.

Pierpont Communications
Clint Woods, 713-627-2223 ext. 1119
cwoods@piercom.com

Copyright Business Wire 2009