Central 1 Credit Union Appoints Interim CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 28, 2014) - Central 1 Credit Union (Central 1) today announced that the Board of Directors has named Dan Blue, Central 1's current Vice President, Finance, as interim Chief Financial Officer (CFO), effective June 9.

He will assume the role of Interim CFO as Helen Blackburn, Central 1's current CFO and Senior Vice President, Strategy, departs Central 1 in June. Blue had previously served as interim CFO from August 2013 to January 2014 while Central 1 conducted an executive search for a new President & CEO.

Blue has been Central 1's Vice President, Finance since 2012 and joined Central 1 in 1999. A graduate of the University of British Columbia, Blue is a Chartered Accountant and 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.

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 90 in Ontario, Central 1 represents a consumer-oriented, full-service retail financial system that serves 3.2 million members and collectively holds more than $92 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.