EVERLINK COMPLETES CONVERSION OF LARGEST FINANCIAL SERVICES ORGANIZATION BASED ON VANCOUVER ISLAND, COASTAL COMMUNITY CREDIT UNION

September 26, 2016

MARKHAM, ON, SEPTEMBER 26, 2016 – Everlink Payment Services Inc. announced today the successful conversion of Coastal Community Credit Union to the Everlink payments processing environment. Once again, Everlink delivered on its promise, converting Coastal Community Credit Union, the 9th credit union converted so far this year, on time and on schedule. Coastal Community Credit Union brings approximately 80,000 members and 31 ATMs to the Everlink payments processing environment.

The national Credit Union CEO Payments Strategy Committee announced last fall that Everlink had been selected as the recommended switch provider for Canadian credit unions. Since then, numerous B.C. and Ontario based credit unions have chosen to make the transition. This has further cemented Everlink as the market leader in the provision of payments solutions to credit unions across Canada.

As a result of Coastal Community’s conversion, the Credit Union is now well positioned to adopt Everlink’s leading innovations in payments, including emerging mobile payments solutions.

“The move to Everlink will further improve our ability to stay competitive for the benefit of our members while providing us the opportunity for increased collaboration with credit unions across Canada—and all with a positive financial impact,” says Adrian Legin, President and CEO of Coastal Community Credit Union. “Our analysis showed that Everlink is best aligned to deliver a value proposition that meets our current and future needs. We’re looking forward to continuing our strong relationship with our new strategic partner and appreciate Everlink’s hard work and business acumen that’s led to the exceptional delivery of our new payments processing environment.”

“It is with great pride and honor that I welcome Coastal Community Credit Union, the largest Vancouver Island-based financial services organization, to Everlink,” says Mark Ripplinger, President & CEO at Everlink. “Our clients entrust us to provide secure, reliable and innovative services to their members, a responsibility we take very seriously and which is engrained in the very culture, behavior and attitude of every member of the Everlink Team. I am absolutely confident that Everlink will deliver on this promise as we look forward to a long, solid relationship with Coast Community Credit Union and its members.”

About Coastal Community Credit Union Providing services for 70 years, Coastal Community Credit Union (CCCU) is the largest Vancouver Island-based financial services organization. CCCU provides personal, business and commercial banking services, complemented by its wholly-owned subsidiaries Coastal Community Insurance Services (2007) Ltd., (offering personal and commercial insurance solutions) and Coastal Community Financial Management Inc., (providing wealth management services through its Coastal Community Private Wealth Group division). In total, the Coastal Community family of companies serves over 110,000 people on Vancouver Island and the Gulf Islands, from Victoria to Port Hardy. Learn more at cccu.ca, or connect with them on Facebook or Twitter.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and independent sales organizations across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management, Merchant Services and Professional Services.

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