The Hub: News & Events for May 2, 2019

View this email in your browser May 2, 2019   Central 1 News    Distinguished Service Awards presented by Credit Union Foundation of BC On behalf of the Credit Union Foundation of BC, Central 1 congratulates Emmet McGrath, former board Director of Westminster Savings, and Jeremy Trigg, Director of Facility and Environmental Management at Vancity, as recipients of the 2019 Distinguished Service Awards. The bi-annual awards recognize individuals who have made significant contributions to credit unions in B.C.   Special Economic Measures Act/Canadian Sanctions  (login required) Canadian Credit Union Association (CCUA) Regulatory Compliance supports the reporting requirements under the Special Economic Measures Act (SEMA), the United Nations Act (UNA)and the Freezing Assets of Corrupt Foreign Officials Act (FACFOA). Learn more.   MemberDirect Advisory: MD Core Release 586 (login required) Central 1 has scheduled a MemberDirect and PaymentStream Direct Core release for May 8, 2019. The release will be performed in a manner that minimizes customer impact by ensuring all servers are updated at different times. The installation will occur at 1 a.m. PT/4 a.m. ET and may impact your customers for up to 30 minutes.    Central 1 Events September 8-10, 2019 Momentum Summit & Trade Show Westin Harbour Castle, Toronto (Save the date) Industry News Credit unions Interest-rate bonuses are how online banks pretend to be competitive (Globe & Mail) - Mentions Motusbank and Alterna Bank. Nelson & District Credit Union celebrates 68th Annual General Meeting (Press release) Economics Fed's Powell offers sharp but nameless rebuke of Trump's calls for rate cuts: Don Pittis (CBC) Poloz says interest rates will rise if headwinds dissipate (BNN Bloomberg) Technology Central Banks Use Blockchain for First Time to Swap Currency (Bloomberg) Bank Of England Mulls Blockchain Amid 'Fourth Industrial Revolution' (PYMNTS) Housing/Real estate CMHC says overall housing market no longer highly vulnerable after prices ease (The Star) Vancouver home sales sink 29.1% in April (BNN Bloomberg) Mansions languish, condos pop as Toronto homes sales face spring test (BNN Bloomberg) Canada's Mortgage Stress Test 'Sidelined' 40,000 Homebuyers: TD Bank (Huffington Post)   Industry Events May 5-8, 2019 2019 National Conference for Canada's Credit Unions Winnipeg Convention Centre May 7-9, 2019 Enhancing Business Performance through Co-operative Management Strategies Saint Mary's University Winnipeg, MB June 9-14, 2019 CanadaDE Credit Union Leadership Program Saint Mary's University Halifax, NS   September 15-17, 2019 CULA Conference White Oaks Conference Resort Niagara-on-the-Lake, ON (Save the date) October 3 – 5, 2019 35th Annual Credit Union Directors' Forum   "Good Governance: The Future of Ontario's Credit Unions" Hilton Mississauga/Meadowvale October 21-22, 2019 Everlink Connections 2019 Hilton Toronto Have some credit union news or events? To submit items email newslist@central1.com *please include an URL to the requested item Copyright © 2018 Central 1 Credit Union, All rights reserved. Unsubscribe from The Hub The Hub is brought to you by Member & External Communications. Questions or feedback regarding The Hub? Email communications@central1.com. Unsubscribe from all commercial messages from Central 1  Please note: this option will remove you from all future Central 1 communications. Should this message not be applicable to you, we encourage you to unsubscribe from this list only.

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