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Chevy Chase Bank Joins RouteOne


FARMINGTON HILLS, Mich., May 20 /PRNewswire/ -- RouteOne LLC announced today that Chevy Chase Bank, the largest bank in the Washington D.C./Baltimore metropolitan area, has joined the growing roster of finance sources on RouteOne's web-based credit application management system. Chevy Chase Bank serves nearly 300 franchised and independent dealer partners, and is ranked within the top 100 auto finance lending institutions nationally (source: April YTD AutoCount Data).

Chevy Chase Bank offers competitive prime and non-prime programs, and provides more than 285 branches and 1,000 ATMs in the metropolitan Washington D.C. and Baltimore area.

"Chevy Chase Bank is a welcome addition to our system," said RouteOne CEO Mike Jurecki. "We look forward to providing Chevy Chase and its dealer customers the efficiencies offered by the RouteOne platform."

"Our integration with RouteOne will provide true value to our dealer customers," said Gary Guthridge, Group Vice President, Chevy Chase Bank. "RouteOne's leading edge functionality and ease of use will no doubt assist our dealers in streamlining the credit application process."

In addition to providing access to both captive and non-captive finance sources through a single portal, RouteOne offers a wide variety of tools to assist the dealer in managing their day-to-day business, such as a detailed reporting suite, DSP integration, and credit bureau access, all within a single desktop application. RouteOne's open integration business model allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. More information can be found at http://www.routeone.com.

ABOUT ROUTEONE

RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety of best in class providers, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at http://www.routeone.com.


    CONTACT: Suzi Straffon
             RouteOne LLC
             248.862.7074


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