Banking `Futurist' Edward E. Furash Joins ORCC Board
McLEAN, Va. - Online Resources Corp. has named Internet financial services pioneer Edward E. Furash to ORCC's board of directors. Furash, who made his name as a consultant and for his work during the S&L crisis of the 1980's, is the founder and recently retired chairman/CEO of Treasury Bank, an online bank that he built to a $12 billion enterprise before it was sold to Countrywide Financial Corp. He also is a co-founder of Monument Financial Group, a boutique merchant banking firm that specializes in creating financial services companies. "Widely known as an industry futurist, Ed Furash brings to the board a unique and intimate perspective of our clients' business and the rapidly changing industry," said Matt Lawlor, ORCC's chairman/CEO. ORCC currently has more than 500 Internet banking and payment services clients.