December stories

What's New Archive 2008

Credit union system hits $100 billion in assets and five million members

Strong growth in the Canadian credit union system has pushed it to two new records -- more than $100 billion in assets and more than five million members. Full story here.

Anderson named CEO of SaskCentral

Ken Anderson has been named the new CEO of SaskCentral. Full story here.

CUMIS and Credential developing Wealth Management Blueprint

The CUMIS Group Limited and Credential Financial Inc. recently launched a study to explore a wealth management strategy for the credit union system.  Full story here.

Scan video now available on-line

The video segments from the Fall Environmental Scan DVD are now available on-line here.

CUETS, Desjardins complete chip transactions

CUETS Financial Ltd. and Desjardins Group have both completed their first chip-card transactions. Full story here.

Vancity tops diversity ranking

Vancity placed first in a ranking of corporate diversity, carried out by Corporate Knights magazine. Details here.

Nominations sought for Hall of Fame

Canadian Central is seeking nominations for the Hall of Fame. Details here.

Video coverage of Members' Forum presentations

Video of Members Forum presentations is available here.

McVeigh attends ICA meeting in Singapore

Bobby McVeigh attended the International Co-operative Alliance’s General Assembly in Singapore from Oct. 14-19.  Full story here.

CCA seeks innovators in co-operative governance

The Canadian Co-operative Association is seeking entries for its inaugural Innovation in Co-operative Governance Awards. Full story here.

Celebrating International Credit Union Day and Co-op Week

Co-operatives and credit unions across the country are celebrating their success this week as they mark Co-op Week and International Credit Union Day. Full story here.

McVeigh addresses Edinburgh program

Bobby McVeigh was a keynote speaker at the recent UK Credit Union Development Education Program in Edinburgh, Scotland. Full story here.

First Calgary Savings opens new division helping Calgarians rebuild their credit

First Calgary Savings has opened a new division dedicated to helping Calgarians who are ignored by traditional financial institutions rebuild their credit. Full story here.

Johnson appointed acting President of Alberta Central

Barry Johnson has been appointed Acting President and CEO of Alberta Central. Full story here.

C.A. Bancorp Inc. to acquire the businesses of Agrifinance and AgriCard

Canadian Cooperative Agricultural Financial Services (CCFS) has sold the businesses of Agrifinance and AgriCard to AgriFinancial Canada Corp., a subsidiary of C.A. Bancorp Inc Full story here.

Canadian Central speakers in Bali

Canadian Central representatives made presentations at the annual meeting of the Association of Asian Confederation of Credit Unions in Bali, Indonesia. Full story here.

Bromberger Bursary Winner Announced

Kama Soles of Saskatoon has been awarded the Norm Bromberger Research Bursary for 2007.  Full story.

Centrals represented on investor committee

Centrals are represented on a committee overseeing changes for non-bank asset-based commercial paper.  Full story.

The Co-operators Prepares to Expand in Quebec

The Co-operators is planning to grow in Quebec. Full story.

African Credit Union Regulators meet in Nairobi

World Council of Credit Unions and the Canadian Co-operative Association held the inaugural African Credit Union Regulators' Roundtable recently in Nairobi, Kenya. Full story.

Credential launches cross-country seminars on financial planning

Credential Financial is teaming up with TV host Gail Vaz-Oxlade for a cross-country seminar series to help Canadians improve their financial planning. Full story here.

Environmental issues discussed during Members’ Forum

The challenge and opportunities of meeting environmental sustainability were discussed during the Members’ Forum in Calgary. Full story here.

McVeigh receives WOCCU award

Bobby McVeigh received a Distinguished Service Award from the World Council of Credit Unions. Full story here.

Awards recognize credit union excellence

Canadian Central presented its annual National Credit Union Awards in Calgary. Full story here.

Canadian credit union system discussed at conference

The Canadian credit union system and the Desjardins group were discussed at the World Credit Union Conference. Full story here.

Conference links with Afghani credit union

World Credit Union Conference holds video link with Afghanistan credit union. Full story here.

CCA board re-elects Sitaram president

The Canadian Co-operative Association has re-elected Dave Sitaram as President. Full story here.

Vancity appoints new CEO

Vancity has appointed Tamara Vrooman as its new Chief Executive Officer. Full story here.

WOCCU trip to Ecuador

Canadians just returned from WOCCU's co-operative learning tour in Ecuador. Full story  here.

Central 1 seeks new CEO

The search is under way for a CEO of Central 1 Credit Union. Full story here.

B.C. and Ontario credit unions back merger of centrals

At meetings in Toronto and Vancouver on June 22 credit unions voted in favour of merging their two centrals to create Central 1 Credit Union.  Full story here.

 

Long Distance Rates Are Cut

Good news on long-distance and toll-free services! You're already saving more than you did last year! Full story here.

Lahey named to lead Alterna

John Lahey has been appointed the new President and CEO of the Alterna Group. Full story here.

CUMIS Board of Directors elects new chair

Russ Fast, chair of Credit Union Central of Manitoba, has been elected chair of CUMIS. Full story here.

Credit Union HR Conference Set for October

PeopleFocus 2007, a conference for HR professionals in the credit union system will take place Oct. 15-16 in Vancouver. Full story here.

MBNA Canada buys CUETS

MBNA Canada Bank has reached an agreement to acquire CUETS Full story here.

Vancity launches carbon offset program

Vancity's new carbon offset program will support organizations working on renewable energy and energy efficiency. Full story here.

Name selected for merged central

B.C. and Ontario Centrals have selected a name for their proposed merged entity -- Central 1 Credit Union Full story here.

Canadian Central holds annual meeting

Two new directors joined Canadian Central's board during its recent annual meeting. Full story here.

National Young Leaders Committee focuses on four goals

The National Young Leaders Committee is moving ahead on plans to make the credit union system a preferred employer. Full story here.

Call Forwarding Phishing Attack

The information security company SecureWorks reports it has spotted a new phishing technique that uses call forwarding to route a victim's incoming phone calls to a number controlled by the attacker. Full story here.

Credit Unions Make the list of Best Employers

Two credit unions and provincial central are on the latest list of Best Employers.  Full story here.

Bildfell retires

Sid Bildfell announces retirement as CEO of SaskCentral. Full story here.

WOCCU plans tour in Ecuador

In June WOCCU will host its first Co-operative Learning Tour in Ecuador. Full story here.

WOCCU Activates Disaster Relief Fund for Solomon Islands

Aid is being sought for Solomon Island credit unions affected by the tsunami. Full story here.

SaskCentral reports strong results

SaskCentral had consolidated net income of $17.6 million in 2006, up from $15.7 million in 2005. Full story here.

Alberta credit unions enjoy strong growth

Total assets for Alberta credit unions grew 17 per cent to $12.8 billion in 2006. Full story here.

Competition Bureau Combats Directory Fraud

The Competition Bureau is fighting an attempt to defraud Canadian businesses by charging them for a fake business directory. Full story here.

Names added to Iran sanction list

The United Nations has added more names to the list of individuals and organizations that must be reported under its sanctions aganst Iran. Full story here.

Manitoba credit unions report strong results

Manitoba credit unions reported a 12.7 increase in assets to $11.46 billion at the end of 2006. Full story.

Anti-money laundering course will reflect upcoming legislative changes

CUSOURCE Knowledge Network will update its e-course “Detecting and Preventing Money Laundering” in response to anticipated changes in federal legislation. Full story here.

 

Lowes elected vice-chair of Interac board

Gary Lowes, vice president of Canadian Central has been elected vice-chair of Interac. Full story.

National Credit Union Awards 2007

The nomination deadline for  three prestigious national credit union system awards is approaching.  Nominations for the Credit Union Award for Community Economic Development, the National Credit Union Innovation Award and the National Credit Union Young Leaders Award, must be completed by April 3, 2007. Full story.

Mowat resigns as Vancity CEO

Dave Mowat is stepping down as CEO of Vancity to lead ATB Financial. Full story.

Climber Returns with New Outlook

Canadian Kilimanjaro climber returns with a new outlook. Full story.

Blakely named to lead Servus

Steve Blakely is taking over as president and CEO of Servus Credit Union. Full story here.

Scopick announces plan to retire from Alberta Central

Jim Scopick plans to retire as President and CEO of Alberta Central at the end of 2007. Details here.

Athabasca University Awards Credit to new CUIC Strategic Management Course

CUSOURCE® Credit Union Knowledge Network (CUSOURCE Knowledge Network) continues to deliver excellence and value to the Canadian credit union system.  This was confirmed with a recent announcement from Athabasca University that recognized the newly re-designed CUIC strategic management course as a three-credit, undergraduate course. Details here.

CSR meeting

CSR and Community Investment Forum Set for Guelph in May. Details here.

Preventing Fraud

People need to learn how to protect themselves from becoming a victim of fraud.  Fraud Month story here.

World Council Calls For 2007 WYCUP Nominations

Madison, WI -- Credit union leaders age 35 and under are invited to apply for the 7th annual World Council of Credit Unions, Inc. (WOCCU) Young Credit Union Peoples Scholarship.  Full story.

 

New checklist for ATMs

As part of its Protect Your Pin Pad campaign, Interac Association has released an updated checklist for ATM operators.  Full story.

 

New Corporate Express Program Offers Greater Savings

Canadian Central’s Discount Programs has launched an enhanced Corporate Express program with even greater savings for credit unions on their office supply purchases. Full story.

Credit Unions Selected Among Best Employers in Canada

Three Canadian credit union organizations have made the list of the 50 Best Employers in Canada.  The eighth annual survey is conducted by the Globe and Mail’s Report of Business Magazine and Hewitt Associates, a leading global human resources outsourcing and consulting firm.  Full story.

Vancity expects growing interest in socially responsible investing

VANCOUVER - As Canadians become increasingly concerned about the environment, Vancity is preparing for a surge of interest in socially responsible investing with the launch of a new mutual fund family. Full story.

WOCCU sponsors Canadian on Kilimanjaro climb to benefit East African youth

February 6, 2007

A manager from Teachers Plus Credit Union in Bedford, N.S., is part of a 35-member group preparing to climb Mount Kilimanjaro in Tanzania to help at-risk youth in East Africa. Full story.

 

inUnison names top executives

Calgary --  inUnison Technology Services Ltd. has appointed three new members to its senior executive team. Tim Wasilieff has been named inUnison's Chief Executive Officer, Jeff Connery has been named Chief Information Officer, and Jamie Stewart has been named Vice-President, Partner Services and Planning. Read the full story.

 

WOCCU Seeks Nominations

The World Council of Credit Unions (WOCCU) is looking for nominations for the 2007 Distinguished Service Awards. The awards are the highest honour given by the worldwide credit union movement and recognize the exemplary service individuals and institutions demonstrate in the International credit union community. Full story.

False PIN information is being spread on the Internet

Misinformation is being spread via email and on the Internet about a way to alert police should a person be forced to withdraw money from an ATM, or feel threatened in any way.   The report says that an ATM user can notify police about a problem simply by keying in their PIN number in reverse. Full story.

Harper shuffles federal cabinet

Prime Minister Stephen Harper shuffled his Cabinet on Jan. 4. The Prime Minister expanded his Cabinet from 27 to 32 Ministers, essentially by creating six new Secretary of State positions. Full story.

CCA seeks nominations

The Canadian Co-operative Association (CCA) is seeking nominations for its annual Canadian Co-operative Achievement Award and Global Co-operator Award. Full story.

 

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