For Immediate Release
June 15, 2006

CUETS Announces Seven Year Agreement with Coastal Community Credit Union

Today, CUETS and Coastal Community Credit Union (CCCU) announced a new seven year partnership agreement to provide CU CREDIT® MasterCard® and GLOBAL PAYMENT™ services to 80,000 members of Vancouver Island’s largest credit union.

“CUETS is excited and pleased to renew our partnership with Coastal Community Credit Union,” said Stan Kuss, Chief Executive Officer of CUETS. “We look forward to working with Coastal Community and providing their members with the top notch quality service they have come to expect.”

The Credit Union has been serving Vancouver Island communities for over 60 years. With 600-plus employees and over $1.2 billion in assets, CCCU offers complete financial services through a widespread network of community branches, insurance and financial planning offices, and business centres across Vancouver Island.

“Coastal Community is committed to achieving our vision of being the best choice for financial and community leadership,” said Garth Sheane, Chief Executive Officer, CCCU. “By partnering with CUETS, we will continue to provide our members with leading and flexible payment solutions including Coastal Community Credit Union MasterCard products, the GLOBAL PAYMENT card, and CHOICE REWARDS® loyalty program.”

CUETS provided the mix of issuing and acquiring services Coastal Community was looking for in a payment solutions partner, noted Sheane, adding the Credit Union has also extended its agreement for merchant services through Unified Network Payment Solutions (UNPS).

About Coastal Community Credit Union

Coastal Community Credit Union is the largest credit union based on Vancouver Island serving communities from Victoria to Port Hardy through a widespread network of branches, business centres, and financial planning and insurance offices. CCCU has more than 80,000 members, 600 employees, and over $1.2 billion in assets, and has been serving island communities for over 60 years.

About CUETS

CUETS is a national supplier and partner in the Canadian co-operative system, providing a complete range of advanced payment systems and services to credit unions, caisses populaires, cardholders, merchants and other organizations. CUETS offers MasterCard® products and services, backed by one of the most widely recognized brands in the world. The CHOICE REWARDS® loyalty program gives participants flexibility in merchandise and travel rewards selection. CUETS is celebrating its 25th anniversary in 2006. To learn more about CUETS, visit www.cuets.ca.