Fincentric’s
i-Wealthview Banking™ Software Chosen By Evergreen Savings
Credit Union
Vancouver, BC, February 18, 2003
– Fincentric Corporation, a leading global provider of wealth
management and next generation banking software, today announced
that Evergreen Savings Credit Union has selected i-Wealthview Banking™
software as its new core retail banking system. Evergreen Savings
will use Fincentric’s software to support provision of its
competitive deposit and lending products, and enhance its ability
to serve its members.
"Providing financial services throughout North
and Central Vancouver Island, Evergreen Savings has nine branches,
19,877 members, and manages $326 million (CAD) in assets. Financial
services include a complete range of everyday personal savings,
chequing, and business accounts. Credit services include personal
or commercial loans, mortgages, and credit cards. Investment options
include Term Deposits, Retirement Funds, Mutual Funds and Financial
Planning Services. In addition, Alder Insurance, a wholly owned
subsidiary of Evergreen Savings, offers a complete line of auto,
property, and business insurance services through its five outlets.
Evergreen Savings selected Fincentric by working
through CU Technical & Administrative Services Corporation (CUTASC),
an IT systems integrator in British Columbia, Canada. Formed in
2002, CUTASC is owned by Evergreen Savings Credit Union and Northern
Savings Credit Union and provides technical and administrative services
to various financial organizations.
“Fincentric’s software gives us the
unprecedented ability to view each member’s complete financial
picture on a single screen, which ultimately leads to better service,”
said CUTASC CEO, Wilf Rimmer. “This detailed information about
each of our members enables the credit union to develop a deeper
understanding of what our members need and how we can help them
achieve their financial goals.”
“Evergreen Savings is a key success for Fincentric
because it illustrates how the Canadian Credit Union sector has
been quick to adopt technologies that enable them to be more customer-centric,”
said Bruce Nunn, Director, Corporate Marketing of Fincentric Corporation.
“Credit unions seem to be exercising their competitive advantage
and responding to the changes in the financial services industry
by offering a wider spectrum of products and more personalized services.”
About Fincentric Corporation
Fincentric Corporation is a leading global provider of enterprise
wealth management and core banking software. Fincentric's i-Wealthview™
wealth management software products include 'next generation' core
banking, Customer Value Management™, data aggregation, Internet
and wireless financial portals and full multi-channel support. Its
revolutionary Customer Value Management™ capabilities provide
profitability and relationship analysis that allow financial institutions
to recognize the value of each customer, and maximize their profitability.
Fincentric products enable financial institutions to quickly deploy
solutions for their converging financial service offerings, while
also supporting capabilities for increasing customer profitability,
customer acquisition, and retention. Fincentric has approximately
300 customers worldwide, and has strategic relationships with Microsoft,
Compaq, and other international partners. For more information,
visit Fincentric's home page at www.fincentric.com, or call (604)
278-6470.
Media Contacts:
Fincentric Corporation:
Shella Evangelista
Media & Analyst Communications Manager
Fincentric Corporation
Tel: (604) 214-5710
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