In the News

WiT Regatta Vancouver Meetup

As a tech company bringing financial institutions and Canadians into the future of digital banking and payments, Central 1 is pleased to be hosting the next Vancouver Women in Tech Meet Up at our Vancouver offices on June 21. Central 1 aims to inspire, support, elevate and empower women at Central 1, the credit union and cooperative sector, and our...


Slower sales volume and price growth forecast in B.C. through 2020 on tighter credit conditions, Central 1 forecast

New B.C. Housing Outlook Report 2018 - 2020 VANCOUVER – B.C. can expect slower housing market sales volume and price growth through 2020 due to policy constraints, higher mortgage rates and deceleration in economic growth, according to the latest Central 1 Credit Union (Central 1) forecast. “As expected, the housing market has seen a pronounced shift in 2018 with introduction...

Introducing a new Payments Modernization website for Canadian credit unions

Just for Canadian credit unions with everything you need to know, all in one place. Payments Canada is currently undertaking a multi-year initiative to modernize Canada’s payments system. In the fall of 2018, credit unions will see some of the first impacts of modernization when a third daily exchange deadline is added for Automated Funds Transfers (AFT), and a two-hour...

Central 1 reports first quarter 2018 results

New three-year strategic plan puts focus on client success VANCOUVER­ – Central 1 Credit Union (Central 1) today reported its first quarter 2018 financial results and highlights from operations, including assets of $19.5 billion, up 8.3 per cent. In the first quarter, Central 1 continued its commitment towards transformational change, and its vision to be the national partner of choice...

Central 1 Announces Departure of Chief Financial Officer

VANCOUVER – Central 1 Credit Union (Central 1) announced today that Dan Blue, Chief Financial Officer, has left Central 1, effective May 10, 2018. Dan joined Central 1 in 1999 and has been Chief Financial Officer since 2014. He has been an integral member of the leadership team and most recently played a key role in the creation of Aviso...

Central 1 Announces Voting Results from Annual General and Special Meeting

VANCOUVER, May 3, 2018— Central 1 Credit Union (Central 1) is pleased to announce that its members have passed a special resolution amending its Constitutions and Rules, four dues resolutions and a resolution re-appointing its auditors, at its Annual General and Special Meeting held on May 3, 2018 (Meeting). In order to be approved, the special resolution was required to receive the...

Announcing the 2018 Gary Gillam Award Recipients

TORONTO, May 3, 2018 – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce Brent Zorgdrager – Chief Executive Officer, Kindred Union, and Madison Hopper – Member Service Representative, Alterna Savings, as the two recipients of the 2018 Gary Gillam Awards. Jointly sponsored by Alterna Savings and Central 1, the Gary Gillam Award for corporate social...

Central 1 Credit Union welcomes ATB Financial, the largest user of its Bill Payment Processing Services

Landmark move by ATB illustrates to financial institutions that Central 1’s products and services are not just for credit unions VANCOUVER, BC – May 1, 2018 – Today, Central 1 Credit Union (Central 1) announces that ATB Financial, the largest Alberta-based financial institution, has procured Central 1’s Bill Payment Processing Services, making them the largest non-credit union financial institution to...

Canada’s Credit Unions Welcome Closing of Aviso Wealth Inc. Merger

Credential Financial Inc., Qtrade Canada Inc. and NEI Investment join forces to create a strong, values-based wealth management alternative for Canadian credit union members Vancouver, BC – Canada’s credit unions welcome the announcement today from CU CUMIS Wealth Holdings LP and Desjardins Group, detailing the closing of the merger of the businesses of Credential Financial Inc., Qtrade Canada Inc. and...