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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...

Central 1 announces results of 2024 Director Election process

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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...

Central 1 reports 2023 financial results

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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. ...

Celebrating cooperative impact with the Gary Gillam Award  

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Credit unions serve as the pillars of community-driven financial services, grounded by the seven cooperative principles. In a time when Canadians are increasingly focused on improving their financial well-being, credit unions emerge as trusted allies they can rely on to navigate through challenging macroeconomic times.   What are the cooperative principles?   Written in 1844, The Rochdale Equitable Pioneers Society founded...

Beyond banking: An interview with Central 1 Treasury leader, Natalie Ebanks

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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 a...

Early-bird registration is now open for Momentum 2024! 

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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...

Central 1 receives global recognition for its commitment to responsible investment

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  Central 1 is recognized for its leadership in the inclusion of social, environmental and governance factors in its investment strategies. Vancouver, B.C./Toronto, On. March 6, 2024 – Central 1 — a leading financial services provider and primary liquidity provider to Canada’s credit unions and financial institutions — is pleased to announce that it has achieved a score of over...