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Central 1 concludes digital banking review

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Vancouver, B.C., October 22, 2024 – Central 1 Credit Union (Central 1) today announced its intention to wind down its digital banking business and transition clients to one or more alternative digital banking providers. Central 1’s digital banking business provides online and mobile banking applications to credit unions and other financial institutions. The decision follows a comprehensive strategic review of this...

In conversation with Dan Kelly, President & CEO of CFIB: Navigating Canada’s small business landscape

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Small Business Week is here! Dan Kelly, President & CEO of Canadian Federation of Independent Business — Canada’s association for small and medium-sized companies — will join us next week at Momentum 2024. In anticipation of these two events, we spoke to him about key trends in the small business sector that financial institutions should prioritize to effectively support the...

Advancing the future of payments: Interview with Kristina Logue, Payments Canada’s CFO

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In anticipation of Momentum 2024 in October, we’re shining the spotlight on many of the expert speakers joining us at the conference. Kristina Logue, Payments Canada’s CFO, will join a panel discussion to explore the emerging innovations and shifts in the future of Canada’s payments landscape. Kristina is the Women in Payments’ 2024 Inspiration Award recipient. She is celebrated as a beacon...

Go for gold: Unlock the winning investment of precious metals

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This summer, Team Canada brought home nine gold medals from the Paris Olympic Games, part of the country’s second-highest medal count at an Olympic Summer Games. In the case of the Paris winning medals, each boasts six grams of pure gold covering a solid silver disk, with, in this case, the added flourish of an iron piece from the Eiffel...

Embracing uncertainty: Carol Ann Northcott discusses risk management innovation ahead of Momentum 2024

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In anticipation of Momentum 2024 in October, we’re shining the spotlight on many of the expert speakers joining us at the conference. This time, it’s our very own Carol Ann Northcott, Chief Risk Officer at Central 1. We took the opportunity to speak with Carol Ann to gain insights into the current risk environment and learn more about her participation...

Central 1 reports 2024 second quarter financial results

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VANCOUVER, August 23, 2024 – Central 1 Credit Union (Central 1) today reported its second quarter performance reflecting stable results consistent with strategic plans and expectations. “Led by strong treasury performance and robust payments results, Central 1’s second quarter financial performance remained stable and in line with expectations,” said Sheila Vokey, Central 1’s President and CEO. “With our core focus...

Meridian CEO Jay-Ann Gilfoy on driving innovation, collaboration and community impact

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  Momentum’s highly attended CEO panel gathers our leaders to share their respective reflections on some of the most top-of-mind challenges and opportunities for credit unions. Jay-Ann Gilfoy, Meridian Credit Union’s President and CEO will be joining this year’s panel in October. A seasoned business leader, Jay-Ann has served in many leadership positions throughout her career including roles at Vancity,...

Central 1 reports 2024 first quarter financial results

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VANCOUVER, May 30, 2024 – Central 1 Credit Union (Central 1) today reported its first quarter performance reflecting strong financial results across business lines consistent with plans and expectations. “Central 1’s financial performance for the first quarter of 2024 remained stable,” said Sheila Vokey, Central 1’s President and CEO. “As we continue to monitor market forces and trends, our internal efforts...

Alterna Savings and Central 1 announce 2024 Gary Gillam Award recipients

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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 announces results from 2024 Annual General Meeting

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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...