The Hub: News & Events for July 12, 2019

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July 12, 2019


Central 1 News 

FX Drafts pricing changes effective September 9, 2019  -login required
Pricing of FX Drafts offered through Western Union Business Solutions' (WUBS) will change on September 9, 2019 as the result of a review of their current spreads, which have been in place since 2008. The changes reflect increasing costs associated with the web-based service that enables in-branch ordering and printing of drafts in multiple foreign currencies for customers. 

Central 1 to decommission Member Credit Union Directory and Member Referral Program  -login required
We want you – our members – to receive value from our programs and services. Therefore, we strive to continually evaluate and evolve our services as needed. 

NOMINATIONS EXTENDED: First Annual Central 1 AmpliFI Awards  
Maybe you created an innovative new product or program to help your community. Or perhaps you went outside the box with a spiffy new customer acquisition strategy. Well, we want to "AmpliFI" the great work being done by financial institutions across Canada with the first annual Central 1 AmpliFI Awards! 
Central 1 Events

July 17, 2019
Information session: Green lending partnership opportunity with B.C. Government
2:00 - 3:00 PM PST

September 8-10, 2019
Momentum Summit & Trade Show 
(including AmpliFI Awards Ceremony)
Westin Harbour Castle, Toronto


October 28-29, 2019
PeopleFocus 2019
Coast Coal Harbour Hotel, Vancouver
Button to Credit Union Careers
Button to Central 1's Economic Insights
Button to our Annual Research Package

Industry News

Credit unions
Aldergrove Credit Union Opens Its Doors to a New Branch in Mission (Press Release) 

Here's where Canadians are finding well-paying jobs in the trades (CBC)

$32m stolen from Tokyo cryptocurrency exchange in latest hack (The Guardian)

Clean up your act ahead of open banking (Australian Financial Review) subscriber access only

Canada's Top 50 Women in FinTech Report Released (Digital Finance Institute)

Goldman Sachs sets its sights on supporting fintech challengers in Latin America (Business Insider)

Housing / real estate
Canadian homebuyers are finally getting used to the mortgage stress test, and that's good news for the market's future 

Industry Events

July 28-31, 2019
World Credit Union Conference
The Atlantis Resort, Bahamas

September 15-17, 2019
CULA Conference - Transformative Leadership
White Oaks Conference Resort
Niagara-on-the-Lake, ON

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
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Central 1 Credit Union, All rights reserved.

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