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Central 1 appoints Mike Henry as President & Chief Executive Officer

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VANCOUVER, B.C., October 21, 2026 – Central 1 today announced the appointment of Mike Henry as President & Chief Executive Officer (CEO), effective November 9, 2026. Mr. Henry joins Central 1 as a recognized financial services leader with more than three decades of experience leading large-scale businesses, enterprise transformation and strategic change across Canada’s financial services sector. Throughout his career,...

AI and cyber risk: When trust becomes harder to verify

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October is Cybersecurity Awareness Month, and this year, it's hard to talk about cybersecurity without talking about artificial intelligence. Artificial intelligence (AI) has quickly become one of the most talked-about topics in business. Most conversations focus on productivity, automation and innovation, with less attention paid to a more fundamental question: What happens when some of the assumptions organizations have relied...

Central 1 reports second quarter 2026 financial results

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VANCOUVER, B.C., August 28, 2026 – Central 1 Credit Union (Central 1) today reported second quarter financial results and provided an update on performance across its core businesses. "Our performance in the first half of 2026 reflects steady advancement of our strategic priorities, along with growth in our core business, against a backdrop of ongoing market volatility,” said Sheila Vokey,...

Central 1 announces appointment of Interim President & CEO

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VANCOUVER, B.C., August 18, 2026 – Central 1 today announced the appointment of Barclay Hancock as Interim President & Chief Executive Officer, immediately following the planned retirement of President & CEO Sheila Vokey on September 4, 2026. Barclay currently serves as Central 1’s Chief Payments Officer. The appointment ensures leadership continuity and continued execution of Central 1's strategic priorities. "Following...

Central 1 executives Sheila Vokey and Bryan Yu named to BIV BC500 for 2026

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Central 1 President and CEO Sheila Vokey and Chief Economist Bryan Yu have once again been recognized among British Columbia’s most influential business leaders in Business in Vancouver’s 2026 BC500 list. Central 1 is pleased to congratulate Sheila Vokey and Bryan Yu on being named to Business in Vancouver’s BC500 for 2026. Sheila has been recognized in the Leadership category...

Central 1 President and CEO Sheila Vokey announces retirement in September 2026; permanent CEO search underway

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VANCOUVER, B.C., June 23, 2026 – Today, Central 1 Credit Union’s Board of Directors announced that President and CEO Sheila Vokey has informed them she will be retiring effective September 4th, 2026. The Board of Directors has initiated a comprehensive process to select a new permanent President and CEO. "It has been a privilege to serve Central 1 and the...

The real-time payments shift: What it means for fintechs

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Canada’s payments landscape is entering a new real-time era. With the upcoming launch of the Real-Time Rail (RTR), money will be able to move in seconds, 24/7/365 — creating powerful opportunities for fintechs to innovate, compete and scale. But capturing that opportunity will take more than connecting to a new payment rail. It also requires a clear understanding of how...

Central 1 named PayTech Awards finalist for fraud prevention innovation

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Central 1 has been named a finalist at the 2026 PayTech Awards in the Best Fraud Prevention & Combat Solutions in Payments category, in partnership with Featurespace. This recognition highlights the strength of Central 1’s real-time fraud prevention capabilities, helping financial institutions detect, prevent and respond to fraud with greater speed and confidence. The nomination comes at a time when...

Central 1 Credit Union Announces Redemption of Series 7 Subordinated Notes

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VANCOUVER, B.C., June 15, 2026 – Central 1 Credit Union (Central 1) today announced that on June 30, 2026 it will redeem at par all of its issued and outstanding Series 7 Subordinated Notes due on June 30, 2031 (the Notes). The Notes are redeemable at Central 1's option on or after June 30, 2026 at a redemption price per Note...