The Hub: News & Events for November 23, 2018

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Central 1 News you need to know


Strong financial results, new products and leadership mark Central 1's third quarter
Continued growth in profit, higher return on average equity, and increased assets highlight Central 1 Credit Union's performance in its third-quarter 2018 financial results.

Economist predicts return to average for Niagara home sales (The Standard, mentions Central 1)
Edgard Navarrete, an economist from Central 1 Credit Union's Ontario regional office, said homebuyers are "going to be a little more restrained in 2019 and 2020," although the economy won't see a "hard correction" economists had feared could occur.

For the Record – Housing Boom is Shifting to Northern B.C. (BCIT News, interview with Bryan Yu, Central 1's deputy chief economist)
Deputy Chief Economist Bryan Yu says B.C's economy is entering a slower growth phase from 2018 to 2020 due to a slower housing market. 

Origination Solutions Manual: Update to Document Library (log in required)
Further to the Operations Manual Program Releases 18:15 (BC) and 18:14 (ON), we have updated the Origination Solutions Manual to reflect changes to the Document Library forms table. Please refer to the Operations Manual Program Releases for detailed descriptions of the changes that have been made to individual forms.
Central 1 Events


November 27-28, 2018
The User Sessions: Fall Webinar Series
10:30 am - 12:30 pm PST


November 29, 2018
Central 1 Q3 Webinar
10:00 am - 11:00 am PT


April 24-25, 2019
Member Forum 
Sheraton Vancouver Wall Centre

(Save the date)

April 25, 2019
Central 1 AGM
Sheraton Vancouver Wall Centre

(Save the date)

September 8-10, 2019
Momentum Summit & Trade Show
Westin Harbor Castle, Toronto

(Save the date)



 

Industry News


Credit Unions
Who's paying the soaring costs of real estate levies? (Business in Vancouver, mentions BlueShore Financial CEO, Chris Catliff)

BlueShore Financial named one of "Canada's 10 Most Admired Corporate Cultures" (News Release)

Credit unions pioneer Canada's first authenticated voice banking service (Coop News, mentions Central 1, Innovation & Conexus CU)


Economics
Canadian retailers end third quarter with unexpected sales gain (BNN Bloomberg)

Inflation rate inches up to 2.4% in October (CBC)

Fixing The Gender Pay Gap Will Benefit Women's Health Too (Huffington Post)


Payments

In Sweden, cash is almost extinct and people implant microchips in their hands to pay for things (Financial Post)

Cuscal on digital banking done down under (PYMNTS)

Blockchain 3.0 and COTI - next generation technology without mining? (Forbes)


Cryptocurrency

This has been the worst week for cryptocurrency since the bubble burst, with losses now at $700 billion (The Vancouver Sun)

Industry Events

November 27-29, 2018
Real Estate Forum
Metro Toronto Convention Centre



December 11, 2018
Concentra Bank
Q3 Investor Relations Webinar

9:00 - 10:00 am PT


January 23-24, 2019
A Shared Vision
Delta Ottawa City Centre



March 27-29, 2019
Ontario Credit Union Conference
Toronto Airport Marriott Hotel

(Save the Date)


May 5-8, 2019
CCUA National Conference
Winnipeg Convention Centre (Save the Date)

 
 
 
 
Have some credit union news or events?
To submit items email newslist@central1.com
*please include an URL to the requested item

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Central 1 Credit Union, All rights reserved.

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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada

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