Central 1 Announces Results of 2026 Director Election Process

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Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, British Columbia, April 02, 2026 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) is pleased to announce that six directors have been declared elected to Central 1’s Board of Directors (Board) and will begin three-year terms following the conclusion of Central 1’s Annual General Meeting on April 28, 2026 (AGM).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentLast year, at Central 1’s 2025 Annual General and Special Meeting, Central 1’s Class “A” Members overwhelming passed a special resolution approving amendments to Central 1’s Constitution and Rules (Rules) relating to changes to Central 1’s Board composition.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentAmendments to the Rules provided for by Special Resolution 25-AGM-S-1 (Board Composition Amendments) included, generally: (i) reducing the number of directors on Central 1’s Board to eleven, (ii) seven directors from Class A Member credit unions of which two must be from Small/Medium Class A Members with four unaffiliated directors, (iii) the ability to adjust to six directors from Class A Member credit unions of which one must be from Small/Medium Class A Members with five unaffiliated directors, (iv) all eleven directed elected based on capital, and (v) removal of geographic boundaries.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentAs a result of the Board Composition Amendments, six seats were available in this year’s Board of Directors election, three Affiliated (two Class A Members of any size and one Class A Member holding less than 2.5 per cent of Class A Shares) and three Unaffiliated; all directors serve Central 1 as a whole. For the first time, in this year’s election, Central 1’s Class A Members from British Columbia and Ontario voted on all six seats to determine Central 1’s Board of Directors for 2026.Article contentArticle content“We thank the candidates who participated in our 2026 Board election process for their willingness to serve Central 1,” said Sheila Vokey, President and CEO. “As we continue to evolve and grow our business to meet the demands of a transforming industry, we look forward to drawing from the diverse perspectives of the newly elected directors. We wholeheartedly thank outgoing directors for their contributions including Shelley McDade (Chair of the Board), Carolyn Burke, Paul Challinor, John Klassen, Christie Stephenson, Tom Vandeloo​ and Russ Voutour.”Article contentCentral 1’s Nominations and Elections Committee completed its mandate to ensure candidates have the desired skills, experience and competencies needed to oversee Central 1.Article contentAt the close of voting on March 31, 2026, the following six candidates were declared elected:Article contentAffiliated directors:Article contentDr. Marry Gunaratnam​ (Northern Credit Union)Wellington Holbrook​ (Vancouver City Savings Credit Union)Shawn Neumann​ (Tru Cooperative Bank)Article contentUnaffiliated directors:Article contentDan Dickinson​Karen Horcher ​​Jeff van Duynhoven​Trending Fighting U.S. tariffs, Canada mulls its own as cheap imports surge Economy CRA denied taxpayer with multiple health issues the disability tax credit Personal Finance U.S. targets Canada’s cloud-computing move as trade irritant Economy Posthaste: Look for the Canadian dollar to be an 'underperformer' once the war winds down, says CIBC News When helping a young adult out with the rent can do more harm than good Debt Article contentAbout Central 1Article contentCentral 1 cooperatively empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $9.6 billion as of December 31, 2025, Central 1 provides payments, treasury and clearing and settlement services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products, and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.Article contentContacts:Article contentMediaArticle contentHeather MerryExternal & Client Communications T: 1-800-661-6813 ext. 2355E: communications@central1.comArticle contentCorporate Secretary OfficeArticle contentWendy KennishVP, General Counsel & Corporate SecretaryT: 1-800-661-6813 ext. 6306 E: corporatesecretary@central1.comArticle contentInvestorsArticle contentBrent ClodeChief Investment OfficerT 905-282-8588 or 1-800-661-6813 ext. 8588E bclode@central1.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentShare this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Fighting U.S. tariffs, Canada mulls its own as cheap imports surge Economy CRA denied taxpayer with multiple health issues the disability tax credit Personal Finance U.S. targets Canada’s cloud-computing move as trade irritant Economy Posthaste: Look for the Canadian dollar to be an 'underperformer' once the war winds down, says CIBC News When helping a young adult out with the rent can do more harm than good Debt