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South Interlake Credit Union Selects Fincentric to Enhance Member Service



Vancouver, BC, April 10, 2003 – One of Manitoba’s largest rural credit unions, South Interlake, has selected Fincentric Corporation, a leading global provider of next generation banking and wealth management solutions. With Fincentric’s Wealthview Banking™ as their new core retail banking system together with Wealthview Enterprise Server™, South Interlake will enhance its ability to serve its members. Implementation and launch of Wealthview Banking is expected in Fall 2003.

"South Interlake Credit Union distinguishes itself by providing superior financial service to its members,” said Ed Bergen, CEO of South Interlake Credit Union. “With Fincentric’s software, we will now have a consolidated view of each member’s complete financial picture on a single screen. Information at our finger-tips will allow us to increase our understanding of our members, respond to their needs faster and provide better advice to help them achieve their financial goals. Overall, South Interlake will have the ability to develop a better understanding of their membership and further expand their dedication to providing superior financial services."

Founded over 50 years ago, South Interlake Credit Union provides financial services to members in nine communities throughout Manitoba’s Interlake and Eastern Regions. With 116 employees and over $275 million (CAD) in assets, South Interlake Credit Union offers members a variety of financial services including chequing and savings accounts, term deposits, mortgages, loans and lines of credit, mutual funds, retirement / investment planning services, online and telephone banking, an online brokerage service, a payroll program for local businesses, and more. In addition, South Interlake Credit Union offers specialized commercial, agricultural and business services designed to meet the needs of local business owners.

"Fincentric’s member-centric banking system allows South Interlake to now see the members’'full relationship with the institution," said Bruce Nunn, Fincentric's Director of Corporate Marketing. "This demonstrates their long-term commitment and business strategy of developing deeper financial knowledge about their members to build greater value."

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