Central 1 has experienced its busiest ever end-of-month period for Interac e-Transfer® transaction processing as Canadians increasingly choose digital payment options during the ongoing COVID-19 pandemic....
Gary Eaton brings knowledge, experience and skills derived from over two-decades in the RCMP and 17-years investigating and preventing financial crimes (fraud and money laundering)...
Reimagining your digital experience involves a lot of moving parts – technical evaluations, banking host communication accessibility audits and several other pieces that can begin...
Digital transformation has brought a lot of change to how industries conduct business and planning. This is no different for financial services, as digital banking...
Meet Sue Whitney, the payments guru who is leading Central 1 on our Payments Modernization journey. As VP of Payments Strategy, Sue has brought to Central 1 and the credit...
It’s been widely reported that millennials have resisted investing, instead favoring low risk savings accounts and term deposits to save for retirement. This risk adverse...
As COVID-19 continues to present new challenges, I am encouraged to see how we are navigating this together as a community and continuing to support...
VANCOUVER, B.C., Aug 23, 2019 – Central 1 Credit Union (Central 1) today announced its second quarter 2019 financial results. Financial income more than doubles to $28.7 million, up $15.7 million compared to the same period last year, driven by strong Treasury performance. Higher earnings...
Using Central 1’s Forge Digital Banking Platform, credit unions and other financial institutions can offer Canadians leading digital experiences in today's fast-evolving fintech landscape VANCOUVER, BC, August 1, 2019 – Central 1 Credit Union is pleased to announce the launch of its full retail suite...
B.C. Children’s Hospital Foundation’s Miracle Weekend Credit Union Committee presented $340,022 to the B.C. Children’s Hospital to fund lifesaving technological equipment on June 2, 2019. Over the past year, 60 per cent of B.C.’s 41 credit unions took part in a campaign to raise funds...
VANCOUVER, B.C. – Central 1 Credit Union (Central 1) today announced its first quarter 2019 financial results, which saw higher financial income (up $23 million over 2018) and continued investments in strategic initiatives. “Our number one priority is to enable our clients’ success through the...
VANCOUVER – Central 1 Credit Union (Central 1), on behalf of the Credit Union Foundation of BC, is pleased to congratulate Emmet McGrath, Board Director of Westminster Savings, and Jeremy Trigg, Director of Facility and Environmental Management at Vancity, as recipients of the 2019 Distinguished...
VANCOUVER — Central 1 Credit Union (“Central 1”) is pleased to announce that its members have passed a special resolution approving amendments to its Constitutions and Rules (“Rules”), three dues resolutions and a resolution re-appointing its auditors, at its Annual General and Special Meeting held...
VANCOUVER, BC – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce Liz Arkinstall, Corporate Social Responsibility Manager, Libro Credit Union, as the recipient of the 2019 Gary Gillam Award. Jointly sponsored by Alterna Savings and Central 1, the Gary Gillam...
Central 1 Credit Union and The Co-operators are pleased to announce that they have reached an agreement to transfer the ownership of Credit Union Advantage Insurance Brokerage Ltd. (CUAIB) to The Co-operators. Concurrent with this, CUMIS, a fully owned subsidiary of The Co-operators, will become the...
Recent Gross Domestic Product (GDP) readings on Canada’s economy have indicated considerable weakness, and when taken in conjunction with the housing downturn, some observers are...
Small business owners can now send an invoice and request quick payment via Interac e-Transfer! VANCOUVER, B.C. – Central 1 today announces the launch of Request Money integration into Central 1’s small business online invoicing and payments product. The integrated solution combines Central 1’s small business...
VANCOUVER, BC — Central 1 Credit Union (Central 1) is pleased to announce the re-election of Bill Kiss and the election of Mary Falconer and Cheryl Wallace to Central 1’s Board of Directors (Board). In addition, Meridian Credit Union Limited has elected to appoint Sunny...
Payroll employment increased by 29,209 net new workers in November, Small-business confidence increased 1.3 points to 60.4 in January, Motor and vehicle parts manufacturing GDP...
Wage earnings and employment creep higher in November, Year-over-year weekly earnings gain of 3.2 per cent among highest in Canada, Small business confidence softens to...
October 30, 2018 - Central 1 congratulates Coast Capital Savings for receiving approval to become a federal credit union by Minister of Finance Bill Morneau, effective November 1, 2018. “We know that Canadians value the alternative to traditional banks that our members provide, and as...
New Ontario Economic Outlook Report 2018–2020 Ontario’s economy slows and is expected to grow less than two per cent annually in 2019 and 2020, according to the latest Central 1 Credit Union (Central 1) forecast. The Ontario Economic Forecast Update 2018-2020 report looks at residential...