*Client Centre Feed

Central 1  /  In the News  /  *Client Centre Feed

Central 1 receives global recognition for its commitment to responsible investment

Posted on
  Central 1 is recognized for its leadership in the inclusion of social, environmental and governance factors in its investment strategies. Vancouver, B.C./Toronto, On. March 6, 2024 – Central 1 — a leading financial services provider and primary liquidity provider to Canada’s credit unions and financial institutions — is pleased to announce that it has achieved a score of over...

2024 Gary Gillam Award nominations now open

Posted on
TORONTO, ON and VANCOUVER, B.C., February 12, 2024 – The Gary Gillam Award, jointly sponsored by Alterna Savings and Central 1 Credit Union (Central 1), is now open for nominations. The Gary Gillam award was established in 1996 and is awarded annually to recognize individuals within the British Columbia and Ontario credit union systems who have demonstrated co-operative values and made...

Central 1 partners with Flinks to introduce open banking functionality to its credit union members and financial institution clients

Posted on
Vancouver, B.C./Toronto, On, January 24, 2024 – Central 1 — a leading financial services provider to Canada’s credit unions and financial institutions — is pleased to announce a strategic partnership with Flinks, Canada’s leader in the open, consent-based exchange of financial data. Through this partnership, Central 1 is taking an important step in enabling open banking opportunities and optionality in...

Save the date: Momentum 2024 to take place October 28-30 in Toronto

Posted on
Central 1 is pleased to announce that Momentum 2024 — our annual conference — will be taking place at The Westin Harbour Castle in Toronto from October 28 to 30. At the 2023 event in Vancouver last November, Central 1 welcomed more than 400 credit union leaders and industry experts who engaged in deep discussion about the important factors and...

Central 1’s Momentum 2023 summit concluded today

Posted on
The concluding day of Momentum 2023 was nothing short of engaging and energizing. The day kicked off with a panel moderated by Sheila Vokey, Central 1 President and CEO and joined by credit union leaders Brian Harris, President and CEO of Interior Savings; Launi Skinner, CEO, First West Credit Union; and Dennis Alvestad, CEO, Copperfin Credit Union. They shared their...

Central 1’s Momentum 2023 summit kicked off today in Vancouver with an engaging and thought-provoking agenda

Posted on
Sheila Vokey, President and CEO of Central 1, spoke about credit unions’ positive impact and collaboration strength in her opening remarks, stating “There is a huge cohort of champions out there who believe in what we are doing together. Who believe in competition. Who believe in a better system for Canadians. Who believe Canadians deserve to have options. And who...

Central 1 paves the way for data-rich wire payments in Canada; among the first to offer full ISO 20022 functionality

Posted on
Canadian credit unions and financial institution clients now have access to greater payment efficiencies and innovation opportunities   Vancouver, B.C./Toronto, On, November 21, 2023 – Central 1, a leading financial services provider to Canada’s credit unions and financial institutions, has achieved a major milestone on its payments modernization journey that brings new features and functionality to wire payments. The full adoption...

Central 1’s Treasury Analyst Day: Foster a Treasury learning community

Posted on
In recent years, treasurers within the financial sector have navigated an increasingly complex landscape, marked by unprecedented challenges such as the global pandemic, heightened regulatory demands and emerging trends like rising interest rates. As part of our ongoing commitment to empower a thriving credit union system, Central 1 introduced the Treasury Analyst Day in 2022. Why Treasury Analyst Day? A...

Central 1’s Momentum 2023 Summit agenda is now available

Posted on
Momentum 2023, Central 1’s annual conference, offers a unique chance to gain profound insights from top industry leaders, engage in interactive breakout sessions and join discussions at thought-provoking panels. This year’s event is expected to attract more than 350 credit union leaders and financial industry experts in treasury, payments and banking technology. Our session lineup features industry experts showcasing how...

Central 1 reports 2023 second quarter financial results

Posted on
Second quarter 2023 highlights (versus second quarter, 2022): Profit of $18.5 million, compared with loss of $26.2 million Net financial income of $42.2 million, compared with net financial expense of $25.3 million Return on average equity1 of 5.1 per cent, compared with negative 7.3 per cent Year-to-date 2023 highlights (versus year-to-date, 2022): Profit of $19.7 million, compared with loss of...