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Member Forum & AGM are April 24 & 25

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Central 1’s Member Forum and AGM will be held at the Sheraton Wall Centre Hotel in Vancouver on April 24 & 25. April 24 - Sessions all day + a celebration of 75 years supporting credit unions April 25 - Morning sessions + Gary Gillam award presentation + AGM Our world is rapidly changing and financial services must exceed customer...

Central 1 Credit Union to redeem $200 million of Series 4 Subordinated Notes

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VANCOUVER, B.C. – Central 1 Credit Union (Central 1) today announced that on April 25, 2019 it will redeem at par all of its issued and outstanding Series 4 Subordinated Notes due April 25, 2024 (the Notes). The Notes are redeemable at Central 1's option on or after April 25, 2019 at a redemption price per Note equal to par,...

Strong profit and focused strategic investment feature in Central 1’s 2018 financial results

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VANCOUVER, B.C. – Central 1 Credit Union (Central 1) today announced its fourth quarter and 2018 results, featuring robust profit and increased investment in strategic initiatives to deliver the solutions required for the future of the credit union system in Canada. “We’re investing in strategic initiatives to support credit unions as they meet the expanding expectations of Canadians for financial services...

2019 Gary Gillam Award nominations accepted through March 15

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TORONTO, Ont. – The Gary Gillam Award, jointly sponsored by Alterna Savings and Central 1 Credit Union (Central 1), recognizes and honours individuals within the Ontario and British Columbia credit union movement who demonstrate exemplary achievements in: Promoting social responsibility and/or sustainability in credit unions Promoting credit unions as a socially responsible investment alternative. Up to two awards may be presented...

Central 1 Launches Integration for Secure Digital Solution for Financial Institutions

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SecureKey ConciergeTM is a secure, privacy-enhancing service granting access to more than 80 government services using existing banking credentials VANCOUVER, B.C., February 5, 2019 – Central 1, creating digital solutions that make everyday banking easier, today announces the launch of technology that allows financial institutions to offer SecureKey ConciergeTM, a single sign-on authentication service, to their members. The seamless integration...

Central 1 Announces Approval of Special Resolution

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VANCOUVER, B.C. December 17, 2018 - Central 1 is pleased to announce that its members have passed a special resolution approving amendments to its Constitution and Rules (“Rules”). The amendments remove restrictions in the Rules on the pricing of payment transactions products and services offered by Central 1 and give Central 1 the flexibility to offer volume-based tiered pricing for...

Momentum 2018 Summit & Trade Show Highlights

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There’s a definition of the word Momentum that reflects what’s happening at Central 1 right now: ‘the impetus of a non-physical process, such as an idea or course of events.’ At our Momentum summit, October 28 to 30, there was a palpable energy and sense of impetus driving us and our clients forward together to ensure a thriving credit union...

Strong financial results, new products and leadership mark Central 1’s third quarter

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VANCOUVER, B.C., November 22, 2018­ – Continued growth in profit, higher return on average equity, and increased assets highlight Central 1 Credit Union’s (Central 1) performance in its third-quarter 2018 financial results announced today. Key results compared to the same period last year: Profit after tax of $19.3 million, up $3.6 million from $15.7 million. Return on average equity of 6.4 per...

Get your hands on Central 1’s 2019 Research Package – Now available!

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The Annual Research Package is a credit union’s ultimate resource to stay competitive in a quickly-evolving financial services landscape. Purchase the 2019 package, complete with access to over 130 reports and surveys, at a significantly discounted cost. Or, go a-la-carte to purchase reports individually. The choice is yours. Click here to learn more or to place your order.   Questions?...

Central 1 transforms the digital banking experience with the launch of Forge

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The first-in-Canada platform designed exclusively for Central 1 clients Vancouver, BC - October 29, 2018 - Central 1, today announces the launch of Forge, the digital banking platform that transforms the banking experience in Canada. Built using global-leading, Backbase technology, Forge puts the control in the hands of clients, providing the flexibility and control to design their digital branch of...