In the News

Home  /  

Taiwanese Canadian Toronto Credit Union: A pillar of prosperity in the community

Posted on
May is Asian Heritage Month — a time to celebrate and learn more about the history and contributions of Asian communities in Canada. Amidst Canada’s financial landscape, where big banks often take centre stage, the Taiwanese Canadian Toronto Credit Union (TCTCU) stands out as a beacon of community empowerment. This month, we take immense pride in spotlighting this member credit...

Alterna Savings and Central 1 announce 2024 Gary Gillam Award recipients

Posted on
VANCOUVER, B.C./TORONTO, On, April 25, 2024 – Alterna Savings and Central 1 Credit Union (Central 1) are pleased to announce community leaders Aimee Blyth and Maureen Young as the recipients of the 2024 Gary Gillam Award. Aimee (left) and Maureen (right) Established in 1996 and jointly sponsored by Alterna Savings and Central 1, the  Gary Gillam Award recognizes individuals within the...

Central 1 supports the Credit Union System Open Banking Solution provided by Caspian One

Posted on
VANCOUVER, B.C./TORONTO, On, April 24, 2024 – Central 1 — a leading financial services provider to Canada’s credit unions and financial institutions — is working with the Large Credit Union Coalition (LCUC) to enable the Credit Union System Open Banking Solution through Caspian One.  Central 1 is supportive of this solution because it is designed specifically for the requirements of...

Central 1 announces results from 2024 Annual General Meeting

Posted on
VANCOUVER, April 23, 2024 — Central 1 Credit Union (“Central 1”) is pleased to announce the resolution set out in the 2024 Annual General Meeting & Meeting Information Notice dated March 22, 2024, for the 2024 Annual General Meeting held on April 16, 2024 (the ''Meeting''), has been approved by its members.  Class A members passed by ordinary resolution the appointment of...

Central 1 announces results of 2024 Director Election process

Posted on
VANCOUVER/TORONTO, April 2, 2024 — Central 1 Credit Union (Central 1) is pleased to announce that four directors have been declared elected / re-elected to Central 1’s Board of Directors and will begin three-year terms following the conclusion of Central 1’s annual general meeting on April 16, 2024 (AGM). Four seats were available in this year’s election, two in Central...

Building a sustainable future: Your path to responsible investment

Posted on
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

Posted on
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

Posted on
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

Posted on
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! 

Posted on
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...