Coast Capital Savings Credit Union

Coast Capital Savings Credit Union

October 18, 2006 16:00 ET

Media Release: Coast Capital Partners With Fedex Kinko's, London Drugs Subsidiary and Others to Deliver "Big Perks for Small Business"

SURREY, BRITISH COLUMBIA--(CCNMatthews - Oct. 18, 2006) - Coast Capital Savings has inked a partnership with FedEx Kinko's, Novex and London Drugs subsidiary TLD Information Technology Specialists to provide value-added services to its business customers.

The program, dubbed "Big Perks for Small Business™", is the first cross-industry partnership between a Canadian financial institution and major service providers and will provide the credit union's business customers with benefits, including a discount of up to 60 per cent on various printing and copying services from FedEx Kinko's.

"In addition to simplifying the financial lives of small business owners through our banking products and services, we want to help them save time and money in three key areas: courier service, printing and copying and computer technical support," said Lloyd Craig, President and CEO, Coast Capital Savings. "We are privileged to partner with leading international and local service providers to bring this added value to our current offering for business customers."

The program's perks include discounts on small business IT service packages from TLD and a free initial service call. It also gives Coast Capital Savings' business customers discounts of 20 per cent off same-day delivery services from local courier Novex. Big Perks for Small Business also offers customers discounts on national and international courier services.

FedEx Kinko's national director of sales, Mike Finley, said the partnership makes good business sense because printing and copying expenses make up a significant amount of small businesses' annual expenses.

"In keeping with our commitment to small businesses, the introduction of the partnership with Coast Capital Savings allows us to extend our professional products and services to new customers," says Finley.

Clint Mahlman, Vice President for TLD Computers, said many small businesses benefit from information technology (IT) outsourcing to meet their computer service needs.

"Many small businesses feel IT support isn't easily accessible," says Mahlman. "TLD is pleased to work with Coast Capital Savings through Big Perks for Small Business to help their small business customers realize the benefits of outsourcing and the efficiencies and time savings it creates."

Lisa Bolton, Coast Capital Savings senior manager for small business, said the Big Perks program is part of a larger small business strategy that the credit union will be rolling out over the next year.

"Our goal is not necessarily to make small businesses bigger, but to help make them better. Big Perks for Small Business is our first step down this road," Bolton said. "We want to support the many small business owners who simply want to create efficiencies and cut costs, as well as those seeking growth."

Coast Capital Savings is Canada's second largest credit union with $8.2 billion in assets, 340,000 members and 48 branches across the Lower Mainland and Vancouver Island. The credit union was the first full-service financial institution to introduce free chequing in Canada. Coast Capital Savings is ranked among the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine in a survey conducted by Hewitt Associates. The credit union was also named by Imagine Canada for the second straight year as the best corporate citizen in Canada's financial services industry.

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