Central 1 News
Canada’s financial institutions working together to Stand Against Scams
Every day, billions of scam attempts target Canadians, collectively costing victims countless dollars each year. But the damage goes beyond financial loss; some scammers even threaten safety and security, often funding other serious crimes. As scams become more sophisticated and widespread, taking action together has never been more critical. That’s why the Canadian Anti-Scam Coalition (CASC) exists: to take a...
Central 1 reports 2025 third quarter financial results
VANCOUVER, B.C., November 27, 2025 – Central 1 Credit Union (Central 1) today reported third quarter performance and stable financial results across business lines, consistent with plans and expectations. “This quarter’s results show consistent financial performance and solid management amid economic uncertainty,” said Sheila Vokey, Central 1’s President & CEO. “As an aggregated services provider, we continue to focus time...
Priyal Thakrar joins Central 1 as Chief Financial Officer
VANCOUVER, B.C., October 30, 2025 – On Thursday, November 20, Priyal Thakrar will join Central 1 Credit Union as incoming Chief Financial Officer (CFO) and will transition into the full role as CFO on December 1, 2025. Priyal Thakrar brings nearly 30 years of strategic financial and operational leadership experience across the financial services and public sectors. In his most recent...
Turning insight into impact: fighting against fraud and cyber threats
This International Credit Union Day, we celebrate this year’s theme “Cooperation for a Prosperous World.” It’s a timely reflection of the cooperation that drives credit unions in building a more open, innovative and inclusive financial ecosystem in Canada. That spirit was front and centre at Momentum , Central 1’s annual conference, where over 400 credit union leaders, fintech innovators, and...
Carrying the Momentum forward for ICU Day: Success through partnerships
This International Credit Union Day, we celebrate this year’s theme “Cooperation for a Prosperous World.” It’s a timely reflection of the cooperation that drives credit unions in building a more open, innovative and inclusive financial ecosystem in Canada. That spirit was front and centre at Momentum , Central 1’s annual conference, where over 400 credit union leaders, fintech innovators, and...
Daniel Semmens to join as Central 1’s new Chief Technology Officer
On October 21, Daniel (Dan) Semmens will be joining Central 1 as our new Chief Technology Officer. Dan is coming to Central 1 from ATB Financial where he has been serving as the Chief Data and AI Officer and Head of Banking at ATB Financial. Dan has also held a number of other leadership roles at ATB, supporting various technology...
Momentum 2025 agenda is live
The countdown to Momentum is on! We’re less than five weeks away from timely discussions, practical takeaways, and meaningful connections, all in the stunning setting of Whistler’s Fairmont Chateau. For this year’s conference, we’ve put together a dynamic program, packed with industry-leading voices covering the major topics in financial services. What you can expect: Expert speakers from organizations including Visa,...
Central 1 reports second quarter 2025 financial results
VANCOUVER, August 28, 2025 – Central 1 Credit Union (Central 1) today reported its 2025 second quarter financials, reflecting strong results in the treasury line of business and investments for growth of the payments line of business. “Our results are showing steady performance for 2025, reflecting the renewed focus on our core payments and treasury lines of business since transferring...