WCBO West Coast Bancorp (MM)

The Bank Partners with BSG Electronic Check Recovery Solution LAKE OSWEGO, Ore., Jan. 23 /PRNewswire-FirstCall/ -- West Coast Bank has partnered with BSG Financial, LLC, to offer Re$ubmitIt, an electronic check recovery solution. Re$ubmitIt enables a bank's business customers to significantly increase the collection rates of returned deposit items, including checks and other electronic items, by electronically representing non-sufficient funds (NSF) items to a check writer's account for payment. The program can double collections on returned items, while allowing the business to spend less time on collections. Robert D. Sznewajs, President & CEO of West Coast Bank, said, "Re$ubmitIt is an efficient option for business customers to increase actual funds collected from returned deposit items and minimize their involvement in the check collection process. That saves money and time. Re$ubmitIt is another example of innovative products we offer to West Coast Bank customers." Louisville, Ky.-based BSG Financial develops and manages innovative, profit-enhancing programs for the financial industry. Recognized by Bank Technology News as an industry innovator, BSG Financial is privately owned and serves financial institutions nationwide whose assets range from $100 million to more than $32 billion. For more information about the company, visit http://www.bsgfinancial.com/. West Coast Bancorp, (NASDAQ:WCBO), one of Oregon Business Magazine's 100 Best Companies to Work For, is a Northwest bank holding company with $2.6 billion in assets, operating 63 locations in Oregon and Washington. The company combines the sophisticated products and expertise of larger banks with the local decision making, market knowledge and customer service of a community bank. For more information, visit the Company's web site at http://www.wcb.com/. DATASOURCE: West Coast Bancorp CONTACT: Robert D. Sznewajs, President & CEO of West Coast Bancorp, +1-503-598-3243 Web site: http://www.wcb.com/

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