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Emma Hider Joins Central 1 as Chief Financial Officer

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VANCOUVER, B.C., February 2, 2023 – Central 1 Credit Union (Central 1) is pleased to announce that on Monday, February 6, Emma Hider will join Central 1 as Incoming Chief Financial Officer, and will transition into the full role as Chief Financial Officer (CFO) on March 15, 2023. Emma joins Central 1 from HSBC Hong Kong where as a managing...

Central 1 Invests in Ukraine Sovereignty Bond

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Central 1 is pleased to announce its $5 million investment in the Government of Canada’s Ukraine Sovereignty Bond. An amount equal to the proceeds from the bond will directly support the Government of Ukraine to provide essential services to Ukrainians, such as pensions, purchasing of fuel before winter and restoring energy infrastructure. “Central 1 is grateful for the opportunity to...

Alterna Savings and Central 1 announce the 2022 Gary Gillam Award Recipients

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TORONTO, May 3, 2022 – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce Frank Chisolm, Director of Brand and Marketing at Kindred Credit Union and Earl Campbell, Board Member of Alterna Savings, as the recipients of the 2022 Gary Gillam Award. Jointly sponsored by Alterna Savings and Central 1, the Gary Gillam Award for exemplary...

2021 Central 1 Annual Report Available Now

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The interactive 2021 Central 1 Annual Report is now available online! 2021 was a year of improved clarity for Central 1. We adapted with resilience and a renewed focus on enabling credit unions and organizations that provide financial choice to Canadians. We introduced a new CEO, Board Chair and a new three-year corporate strategy designed to guide our work towards...

Central 1 Announces Change in Digital & Payments Leadership

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Vancouver, B.C., October 6, 2021 – Today, Central 1 announced that Arvind Sharma will be moving on from his role as Chief Digital and Payments Officer. Effective upon his departure, Mark Derraugh has been appointed Interim Chief Payments and Digital Banking Platforms & Experiences (DBPX) Officer. “Over the last three years, Arvind has led several key initiatives including Payments Modernization...

Central 1, Vancity and First West credit unions partner to launch enhanced Interac e-Transfer® instant digital payments

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VANCOUVER, B.C., September 8, 2021 – Central 1 Credit Union (Central 1), one of the largest payments processors for Canadian financial institutions and government organizations and payments partner of choice for emerging fintechs, in collaboration with Vancity and First West credit unions has successfully launched the first phase of Interac e-Transfer® for Business. The solution is an enhancement to the existing Interac e-Transfer service that enables the receipt of real-time, account number routed and data-rich transactions.   Vancity and First West Credit Union are...

Central 1 to Close September 30 for National Day of Truth & Reconciliation

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Recently, this country established a federal statutory holiday on September 30 each year, a National Day for Truth and Reconciliation, in connection with the desire to advance the commitment to reconciliation. Observed in many parts of the country over the past several years as Orange Shirt Day, in memory of the special shirt removed from Phylllis Webstad on her first day of residential school at age six...

Central 1 Announces Voting Results from Virtual Annual General Meeting

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VANCOUVER, April 27, 2021 — Central 1 Credit Union (“Central 1”) announced the voting results from its 2021 virtual Annual General Meeting (AGM) held on April 23, 2021. Class “A” Members approved, by ordinary resolution on an electronic ballot: the appointment of the auditors to hold office until the conclusion of the next annual general meeting of Central 1 at a...

Alterna Savings and Central 1 announce the 2021 Gary Gillam Award Recipients

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Toronto, ON and Vancouver, BC, April 23, 2021 – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce the two recipients of the 2021 Gary Gillam Award: Sarasvati (Sara) Maharajh from the Canadian Credit Union Association and Angela Dzinas from Alterna Savings. The Gary Gillam Award for corporate social responsibility is presented annually to individuals who...

Central 1 Announces Elected and Appointed Members to its Board

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VANCOUVER, March 29, 2021 — Central 1 Credit Union (Central 1) is pleased to announce that five directors – including four new to the Board – have been declared elected to Central 1’s Board of Directors and will begin their terms following the conclusion of Central 1’s annual general meeting on April 23, 2021 (AGM). Five seats were available in this...