Business News • MarketWire • Central 1 Credit Union Posts 2015 Profit of $52.4 Million |
Central 1 Credit Union Posts 2015 Profit of $52.4 Million |
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Central 1 Credit Union Posts 2015 Profit of $52.4 Million
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 26, 2016) - Central 1 Credit Union (Central 1) announced today it posted a profit of $52.4 million for the year ended December 31, 2015, compared to $53.6 million for the same period in 2014.
"Central 1 had another good financial year, despite difficult market conditions and continued low interest rates," said Don Wright, President and CEO of Central 1. "We are focused on increasing our value to our members and supporting the success of the credit union system. I am encouraged by our results and the financial health of credit unions over the past year."
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