Central 1 Credit Union Names Dan Blue as Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2014) - Central 1 Credit Union (Central 1) announced today that its Board of Directors has appointed Dan Blue to the position of Chief Financial Officer (CFO).

Blue has been interim CFO since June 9 following the departure of previous CFO and Senior Vice President Strategy, Helen Blackburn. He also served as interim CFO from August 2013 to January 2014 while Blackburn was in the role of interim President & CEO.

Blue joined Central 1 in 1999 and has been Vice President, Finance since 2012. A graduate of the University of British Columbia, he is a Chartered Professional Accountant, having obtained the Chartered Accountant designation in 1996. Blue is also a Chartered Financial Analyst.

Prior to joining Central 1, he was an audit manager with Grant Thornton LLP and managed audit engagements for a wide range of clients, including both public companies and financial institutions.

"Dan has done an outstanding job as interim CFO and we have full confidence that he will continue to provide sound financial management and oversight as a permanent member of Central 1's executive team," said Don Wright, President & CEO of Central 1.

About Central 1

Central 1 is the central financial facility and trade association for the B.C. and Ontario credit union systems. Owned primarily by its member credit unions, 43 in B.C. and 88 in Ontario, Central 1 represents a consumer-oriented, full-service retail financial system that serves 3.3 million members and collectively holds more than $95 billion in assets.

With offices in Vancouver, Mississauga and Toronto, Central 1 provides liquidity management, direct banking and payment service solutions as well as a wide range of trade services. For more information, visit www.central1.com.