EVERLINK DELIVERS 15 CONSECUTIVE CONVERSIONS ON SCHEDULE, THE LATEST WITH ALDERGROVE CREDIT UNION

November 22, 2016

MARKHAM, ON, NOVEMBER 22, 2016 – Everlink Payment Services Inc. announced today the successfully completed conversion of Aldergrove Credit Union, the 15th financial institution to convert to the Everlink payments processing environment this year. Aldergrove Credit Union brings over 18,000 members and 9 ATMs to Everlink.

As an added benefit due to its conversion to Everlink, Aldergrove Credit Union will be able to issue the latest in debit card technology – Interac Flash® – to all of its members, further preparing the credit union for the adoption of Mobile Payments in Canada. In addition to the above, going forward, Aldergrove Credit Union will be able to take advantage of Everlink’s leading payments innovations across all seven of its Lines of Business: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Payment Network Gateway, Professional Services and SME Solutions.

Upon the Payments Strategy Committee’s announcement last fall selecting Everlink as the recommended switch provider for Canadian credit unions, 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 in Canada.

“Through our recent partnership with Everlink, we’re able to provide our members with access to the latest in fast, easy and secure payment solutions,” says Gus K. Hartl, CEO at Aldergrove Credit Union. “The conversion was completed with no reported member impacts thanks to the dedicated teams at Everlink and Aldergrove Credit Union who worked closely together to ensure a smooth and successful transition. We’re looking forward to working with a trusted partner who shares our common goals of consistently exceeding member expectations while maximizing costs savings, and also brings a strong network of close to 90% of credit unions across Canada (and growing) to the table.”

“The entire team here at Everlink has been working hard to ensure the successful delivery of each of the 19 credit unions converting to us this year, and we’re thrilled to be celebrating this latest milestone with Aldergrove Credit Union,” says Mark Ripplinger, President & CEO at Everlink. “We look forward to providing an industry leading payments service experience to Aldergrove Credit Union and its members, characterized by client centricity, innovative payments solutions and industry leading operational performance. We look forward to expanding our relationship and deepening our partnership for many years to come.”

Aldergrove Credit Union is a financial service cooperative located in the heart of the Fraser Valley. We proudly offer personal and commercial banking, insurance and financial planning solutions to our members and clients in the communities of Langley, Aldergrove, Abbotsford and Mission. The credit union has approximately 120 staff serving 18,000 members and operates six branches, three insurance offices, and three financial planning offices. For more information, visit www.aldergrovecu.ca.

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 Solutions, Mobile Payments, Professional Services and SME Solutions.

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