Central 1 is a financial services provider. It offers liquidity management, commercial lending, payments, advisory, residential mortgage securitization, and other services. The company caters to the credit union and institutional clients.

Employee Rating

2.9
TypeSubsidiary
HQVancouver, CA
Founded2008
Websitecentral1.com
Cybersecurity ratingBMore
Central 1 was founded in 2008 and is headquartered in Vancouver, CA

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Key People/Management at Central 1

Cheryl Wallace

Cheryl Wallace

Director, Chair, Nominations & Elections Committee
Blaize Reich

Blaize Reich

Director; Chair, Technology & Innovation Committee
Shane Kerpan

Shane Kerpan

AVP, Payment and Client Support Services
Chris Catliff

Chris Catliff

Director
Umesh Manocha

Umesh Manocha

VP, Application Management and Data
John Kortram

John Kortram

Director
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Central 1 Office Locations

Central 1 has offices in Vancouver, Mississauga and Toronto
Vancouver, CA (HQ)
1441 Creekside Dr
Mississauga, CA
2810 Matheson Blvd E
Toronto, CA
120 Adelaide St W Floor 9
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Central 1 Financials and Metrics

Summary Metrics

Founding Date

2008

Central 1 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Central 1 Online and Social Media Presence

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Central 1 News and Updates

NOTICE TO DISREGARD -- Central 1 Credit Union

VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) -- We are advised by Central 1 Credit Union that journalists and other readers should disregard the news release, “Central 1 Chief Economist Helmut Pastrick to retire after 23 years” issued November 26, 2020 over GlobeNewswire.

Central 1 Blogs

Central 1 Appoints Bryan Yu as Chief Economist

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 forecas…

Central 1 Appoints Kathy Parslow as Chief Corporate Services Officer

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 …

Central 1 promotes Michael Kerdachi as Vice President of Treasury Solutions

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 i…

Central 1 successfully transitions the Mandatory Liquidity Pool

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…

B.C. housing market to remain strong until mid-2021, buoyed by ‘rock bottom’ rates

Vancouver, B.C., December 21, 2020­ – B.C. home sales remain exceptionally strong as 2020 draws to a close and continued sales growth is expected into 2021, driven by low interest rates, according to Central 1 Deputy Chief Economist, Bryan Yu in his latest B.C. Housing Outlook: 2020-2022. “The rebou…

Central 1 takes “open and collaborative approach” to shaping its Payments Modernization strategy

Central 1 is excited to launch its Payments Customer Advisory Council (the Payments Council); a collaboration between Central 1 and our existing B.C., Ontario and Atlantic payments clients, designed to ensure their voices are included in shaping the new payments infrastructure, products and services…
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Central 1 Frequently Asked Questions

  • When was Central 1 founded?

    Central 1 was founded in 2008.

  • Who are Central 1 key executives?

    Central 1's key executives are Cheryl Wallace, Blaize Reich and Shane Kerpan.

  • How many employees does Central 1 have?

    Central 1 has 700 employees.

  • Who are Central 1 competitors?

    Competitors of Central 1 include Ikbenfrits, Malvern Bancorp and ARMOUR Residential REIT.

  • Where is Central 1 headquarters?

    Central 1 headquarters is located at 1441 Creekside Dr, Vancouver.

  • Where are Central 1 offices?

    Central 1 has offices in Vancouver, Mississauga and Toronto.

  • How many offices does Central 1 have?

    Central 1 has 3 offices.