Southwest IBM FCU and Abilene Teachers FCU Go Live on e-Statements

(Carrollton, Texas) May 14, 2001

Lanvera, the premier provider of credit union statement processing services is pleased to announce that Southwest IBM Federal Credit Union and Abilene Teachers Federal Credit Union went live on Lanvera's e-statement offering May 1, 2001.

"Over the past 16 years, Lanvera has built a reputation as a leader in the credit union statement processing business using technology to speed processing and reduce costs," said John Baldridge, President of Lanvera Group, Inc. "Today, credit unions face pressure from larger financial institutions that already offer state-of-the-art on-line systems. We developed e-statements to allow our credit union customers to remain competitive and begin reducing print and mail costs - at very attractive monthly rates."

Lanvera's e-statements for credit unions is unique, offering an electronic version that is an exact copy of the printed version including color, fonts, pre-printed paper and front / back printing. If printed statements have been properly optimized to reduce the pages printed and enhanced with dynamic marketing messages, the printed statement will look very different from the original version produced by the credit union software product. The member is more apt to "turn off" the printed copy knowing the electronic version is exactly the same. Lanvera's credit union customers also benefit from working with one vendor for both print and electronic documents - one source for all changes. For a limited time Lanvera includes six months of statement history with each new account.

Lanvera offers a complete suite of print / mail and electronic document services to credit unions including statement design, laser printing and mailing, postage optimization, intelligent insertion, dynamic messaging, e-statements, daily notices, CD archiving, 1099s, loan coupons and personalized direct mail.

For additional information on Lanvera products and services, visit our web site at www.lanvera.com.

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