EVERLINK SUCCESSFULLY COMPLETES CONVERSION OF ISLAND SAVINGS, A DIVISION OF FIRST WEST CREDIT UNION

May 20, 2016

MARKHAM, ON, MAY 20, 2016 – Everlink Payment Services Inc. announced today the successful completion of the conversion of Island Savings, a division of First West Credit Union, to the Everlink payments processing environment, involving the migration of 23 ATMs and over 39,457 members. The Island Savings conversion was completed on time and on schedule, just weeks following the announcement that Valley First, another division of First West Credit Union, had successfully completed their conversion to Everlink.

As part of the conversion, Everlink positioned Island Savings to be able to issue the latest in debit card technology – Interac Flash® – to all of its members, further preparing the region for the upcoming launch of Mobile Payments in Canada. This is in addition to extending its leading payments innovations across all of its Lines of Business: Payment Network Gateway, ATM Managed Services, Card Issuance & Management, Fraud Management and Merchant Services.

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’s role as the market leader in the provision of payments solutions to credit unions in Canada. Island Savings is the second B.C. based credit union to transition to Everlink since the announcement.

“Everlink has again delivered a very successful conversion for First West Credit Union. Our members in the Island Savings region will now be able to take advantage of Everlink’s robust and innovative ATM and payments platform. We continue to be impressed with the level of expertise that Everlink brings to the table in these conversions and the highly collaborative approach with our teams,” says Darrell Jaggers, Chief Information Officer at First West Credit Union. “With the migration of our Island Savings region to Everlink, First West now has a common payments platform serving over 260,000 members across British Columbia. We are truly excited about what the future holds and our continued partnership with Everlink.”

“It’s my great pleasure to welcome Island Savings to Everlink during a monumental year as they celebrate 65 years of growth and innovation. Everlink shares these values and is dedicated to implementing and supporting new services and technology for Island Savings moving forward,” says Mark Ripplinger, President & CEO at Everlink. “It’s been a privilege to work with the Island Savings team, all of who have exhibited strong dedication and commitment to the successful completion of the conversion.”

Island Savings is a premier provider of banking, investment and insurance services for residents and businesses throughout Vancouver Island and the Southern Gulf Islands. As a division of First West Credit Union, B.C.’s third-largest credit union with 54 branches and 38 insurance offices throughout the province, Island Savings brings innovative products, an extensive branch network and local decision making to the banking experience. For more information on Island Savings, visit www.islandsavings.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, Merchant Services and Professional Services.

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