Central 1 is a Canadian financial services organization that supports credit unions across the country. Here are key details about Central 1: - Location and Revenue: Central 1 is headquartered in Vancouver, British Columbia, and reported a revenue of $135.9 million as of 2024[1]. - Industry and Services: It operates in the banking, payment, and clearing services sector, providing critical financial services to over 250 credit unions and clients across Canada[5]. Central 1 manages liquidity for credit unions in British Columbia and Ontario, offering funding programs and investment products[5]. - Assets and Financial Strength: As of September 30, 2024, Central 1 had assets of $11.6 billion and represented credit unions with $146.5 billion in total network assets[3]. - Regulation and Ratings: It is regulated by the B.C. Financial Services Authority and is designated as a Domestic Systemically Important Financial Institution (D-SIFI). Its debt securities are rated by Dominion Bond Rating Service (DBRS) and Fitch Ratings[3]. - Sustainability and ESG: Central 1 is a signatory to the UN-supported Principles for Responsible Investment (PRI), emphasizing environmental, social, and governance (ESG) factors in its investment practices[5]. - Credit Union Network: Central 1 supports a network of credit unions in both British Columbia and Ontario. In Ontario, there are 54 independent credit unions, while British Columbia boasts one of the largest credit union networks in Canada[2][4].