Great Southern Bank Chooses Cypress Software’s BizMark System
to Improve Small Business Lending Efficiency, Risk Management

NORTH RICHLAND HILLS, Texas – Aug. 18, 2010 – Great Southern Bank of Springfield, Mo. has chosen Cypress Software Systems LP’s BizMark loan software to automate the bank’s small business lending processes.

Alan Perryman, small business banking manager at Great Southern, said that BizMark will help his institution increase productivity across the bank’s entire commercial lending department by automating and expediting the underwriting and decisioning processes for smaller loans. The system will go live this month at the bank’s 73 banking centers across Missouri, Arkansas, Iowa, Kansas and Nebraska.

“We had used another small business lending system for more than five years, but turned to Cypress’ BizMark because it provided a more user-friendly and intuitive solution that will increase our small business lending efficiency,” said Perryman. “In addition, Cypress’ personal touch and high value for customer service was very attractive because it mirrored our own commitment to superior customer satisfaction.”

Steven Croft, senior vice president at Cypress Software Systems, said, “With BizMark, financial institutions like Great Southern bank can maximize time savings and resource utilization across their commercial lending operations.  BizMark brings speed and consistency to the small business underwriting process, thereby boosting the customers’ experience. And, with our toolset, credit risk management is improved while the cost of origination is greatly reduced, resulting in a more profitable small business portfolio.”

Cypress’ BizMark software automates the small business loan application and decisioning process. With BizMark, lenders can efficiently handle a variety of small business loan products, including commercial credit requests for lines of credit, term loans, commercial mortgages and corporate credit cards. The software gathers principal and financial statement data; retrieves and interprets consumer and business credit reports; performs ratio analysis; and scores the results.

About Great Southern Bank

With total assets of $3.5 billion, Great Southern offers banking, investment, insurance and travel services. Headquartered in Springfield, Mo., Great Southern operates 73 retail banking centers and more than 200 ATMs in Missouri, Arkansas, Iowa, Kansas and Nebraska. Great Southern Bancorp is a public company and its common stock (ticker: GSBC) is listed on the NASDAQ Global Select stock exchange. For more information, please visit www.greatsouthernbank.com.

About Cypress Software Systems

Headquartered in North Richland Hills, Texas, USA, Cypress Software Systems LP is a leading developer of automated credit application decision support technology. Cypress provides community and regional banks, finance companies and credit unions with loan application decision and tracking tools equivalent to those used by the largest national lending institutions. Clients, nationwide and in 16 countries, use the company’s flagship products, Mark IV and BizMark, to quickly and consistently process consumer and small commercial loan applications. Cypress Mark IV offers a flexible, risk-based processing approach that includes tracking consumer loan applications from point of entry to point of decision. Cypress’ BizMark loan automation software processes commercial loan requests within a customer relationship management environment. Both products may be licensed in the bundled Cypress Suite and are offered in either an application service provider (ASP) or traditional business model. The company’s product line also includes AppMark, an ASP-only consumer lending solution for community banks with assets of $250 million or less.

Web site:
www.go-cypress.com

Industry Blog:
"Sixty Seconds With Cypress"

Media Contact:
Jeff Green
Michael A. Burns & Associates Inc.
(214) 521-8596
greenj@mbapr.com