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NOVA Secures Multi-Year Extension of Regions Card Processing Alliance

ATLANTA--(BUSINESS WIRE)--March 23, 2005--

NOVA to Continue to Provide Payment Processing Services to
Regions Bank and Union Planters Bank Merchants

NOVA Information Systems (NOVA) today announced it has extended its marketing alliance agreement with Alabama-based Regions Financial Corporation (NYSE:RF) for its merchant referral business marketed through Regions Bank and Union Planters Bank offices.

NOVA will continue to provide processing services, customer service and support operations to Regions' existing merchant client base, which represents more than $2.3 billion in processing volume. New merchant services referrals will be marketed through Regions' bank branch system of 1,400 locations in 15 states throughout the South, Midwest and Texas.

"NOVA's robust payment processing capabilities, coupled with its strong and reliable customer service, are aligned with our commitment to keeping the customer first and providing long-term value," said Regions' director of marketing Andrew Rosen. "The NOVA merchant processing relationship continues to prove valuable to our organization."

Pamela Joseph, president and chief executive officer of NOVA Information Systems, said her company truly appreciates the relationship it now has had with Regions for more than a decade.

"Our ability to continually deliver value to our bank customers, while keeping our merchant customers current with the latest in security and payment solutions, contributes to our strong position in the market today," Joseph said.

NOVA has provided processing services to Regions since 1993.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), headquartered in Birmingham, Ala., is a full-service provider of retail and commercial banking, securities brokerage, mortgage, and insurance products and services. With its merger with former Union Planters Corp. complete, Regions had assets of $84.1 billion as of Dec. 31, 2004, making it one of the nation's Top 15 financial services providers. Regions' banking subsidiaries, Regions Bank and Union Planters Bank, operate some 1,400 offices and a 1,700-ATM network across a 15-state geographic footprint in the South, Midwest and Texas. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company Inc., provides services from more than 145 offices. Additional information about the new Regions, which is a member of both the Forbes and Fortune 500 and operates one of the Top 20 mortgage companies in the United States, can be found at www.regions.com.

About NOVA

NOVA Information Systems, a leader in the payment processing industry, is a wholly owned subsidiary of U.S. Bancorp (NYSE:USB). NOVA partners with financial institutions, independent sales organizations, associations, government agencies and community banks to offer integrated payment processing services to their merchants and retailers. NOVA's products include credit and debit card processing services, software applications, electronic check conversion, gift card solutions and other value-added services to more than 750,000 merchant locations in the United States, Canada and Europe. For more information visit www.novainfo.com.

CONTACT: NOVA Information Systems
Michelle Graff, 678-731-5064

SOURCE: NOVA Information Systems

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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