Vancouver, B.C., January 12, 2021 – Central 1 is pleased to announce the appointment of Bryan Yu to Chief Economist. Reporting to the Vice President of Treasury Solutions, Bryan will be leading and mentoring Central 1’s team of economists who empower credit unions with practical and unbiased forecasting, reporting and analysis. The team provides objective, expert-driven economic analysis that enables...

Vancouver, B.C., January 8, 2021 – Central 1 is pleased to announce the appointment of Kathy Parslow as Chief Corporate Services Officer, effective January 25, 2021.   Kathy’s appointment will support Central 1’s ability to achieve our strategic priorities. In this newly created role, she will take accountability for Operational Excellence and have multiple functional accountabilities including Human Resources, Information Technology, Corporate Secretary, Legal Government Affairs, and Facilities Management. She joins the Executive Leadership team at...

Michael Kerdachi has been promoted to Vice President of Treasury Solutions, leading our Treasury Operations team based in Vancouver and Toronto. Michael is responsible for overseeing a portfolio including securitization, credit union lending, deposits, IFRS 9 and economics. Since joining Central 1 in February 2020 as Head of Treasury Solutions for the Treasury Group, Michael has provided Treasury operations leadership...

Vancouver, B.C., January 5, 2021 – Central 1 Credit Union (“Central 1”) today announced the Mandatory Liquidity Pool (MLP) has been successfully transitioned from a deposit structure to an investment structure. This represents a significant change in liquidity management for Central 1 and the credit union system in B.C. and Ontario. One of Central 1’s core initiatives for 2020 was...