Hancock Bank Joins Wolters Kluwer Financial Services’ AppOne Platform

Wolters Kluwer Financial Services announced today that 110-year-old Gulf South financial services leader Hancock Bank has joined its AppOne platform, a technology solution that helps connect lenders with automotive dealers and simplify the loan process.

With access to AppOne’s network of more than 3,000 auto dealers, Hancock Bank, which has locations in Mississippi, Louisiana, Florida and Alabama, will focus on building relationships with independent auto dealers looking for finance sources within their geographic footprint. Wolters Kluwer Financial Services will also help Hancock mitigate risk associated with auto lending. AppOne’s proprietary dealer underwriting and scoring system helps lenders determine the level of risk associated with each dealer relationship. Additionally, it provides compliant loan documents and automates the lending process, helping reduce documentation errors.

“AppOne’s technology helps us grow our business, while saving operational dollars and mitigating risk,” said Skip Cotaya, the senior vice president who manages Hancock Bank’s indirect lending division. “Ultimately, this makes it much easier for us to evaluate, book and fund auto loans that fit well with our business and help us be more profitable.”

For dealers using the AppOne platform, the relationship with Hancock provides opportunity to connect their customers with another strong lending source. Hancock Holding Company, parent company of Hancock Bank, was named one of “The Most Trustworthy Companies” in America by Forbes this year.

“Hancock Bank has built a solid reputation in the financial services community, backed by more than a century of experience,” said Lee Domingue, CEO of Indirect Lending at Wolters Kluwer Financial Services. “Our relationship with Hancock is great news for AppOne’s independent dealers, who will benefit from having access to another competitive lender in this region of the country.”

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2008) €3.4 billion ($4.9 billion) and approximately 20,000 employees worldwide. Please visit our Web site for more information.

About Hancock Bank

Founded in 1899, Hancock Bank operates 157 banking and financial services offices and 137 ATMs along an I-10 corridor spanning four states. Bank subsidiaries include Hancock Investment Services, Inc., Hancock Insurance Agency and its divisions of Ross King Walker and J. Everett Eaves, and Harrison Finance Company. Hancock Holding Company (NASDAQ: HBHC) -- parent company of Hancock Bank Mississippi, Hancock Bank of Louisiana, Hancock Bank of Florida, and Hancock Bank of Alabama -- has assets of approximately $7.2 billion. Additional corporate information and e-banking are available at www.hancockbank.com.

Contacts:

Wolters Kluwer Financial Services
Jennifer Marso, 612-852-7912
Director, Corporate Communications
jennifer.marso@wolterskluwer.com
On Twitter: @JenniferMarso
or
Angela Peterson, 612-656-7745
Senior Public Relations Specialist
angela.peterson@wolterskluwer.com
On Twitter: @AngiePeterson

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