In the News

Building a sustainable future: Your path to responsible investment

According to new data from the 2023 Canadian Responsible Investment (RI) Trends Report, responsible investment is increasingly becoming table stakes for investors, and investment organizations are integrating RI approaches more fully. The proportion of RI asset under management among all Canadian professionally managed assets increased by two points to 49 per cent last year. Serving as the primary liquidity provider...

Central 1 reports 2023 financial results

VANCOUVER, B.C., MARCH 21, 2024 – Central 1 Credit Union (“Central 1” or the “organization”) reported a consolidated net income of $25.4 million for the year ended December 31, 2023, compared to a net loss of $69.6 million in 2022.  2023 consolidated results compared to 2022:  Net income of $25.4 million, compared to a net loss of $69.6 million in 2022. ...

Stride Credit Union: conversational banking innovation elevates member experience on Central 1’s Community

Central 1’s Community platform serves as an innovative hub to foster collaboration among credit unions, fintechs and other financial institutions. Each month, we deploy new digital solutions while facilitating the development and implementation of custom features. Stride Credit Union recently deployed their engagement platform with Unblu, an award-winning provider of conversational banking solutions leveraging the Community platform. With over 19,000...

Beyond banking: An interview with Central 1 Treasury leader, Natalie Ebanks

In a 2023 study by DBRS Morningstar, it was reported that 44% of leaders of credit unions and smaller financial institutions were women, a notable contrast to the 33% representation within traditional banks. These numbers not only signal progress but also inspiration demonstrating that credit unions are ahead of the curve in creating more inclusive and empowering workplaces in the...

Early-bird registration is now open for Momentum 2024! 

Don't miss out on early-bird savings for Momentum 2024. Register on our event website to save 30 per cent off registration fees and secure your spot. When: October 28-30, 2024 Where: The Westin Harbour Castle Hotel, Toronto What to expect:   Future-focused stage discussions, led by industry experts  Two networking receptions with fellow decision-makers  Partner exhibit hall showcasing the latest innovations...

Central 1 receives global recognition for its commitment to responsible investment

  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

TORONTO, ON and VANCOUVER, BC, 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

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

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

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...