VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 3, 2014) - Central 1 Credit Union (Central 1) today announced that on October 9, 2014 (the Redemption Date) it will redeem the $150 million outstanding principal amount of its Series 2 Subordinated Notes (the Notes) plus accrued and unpaid interest up to, but not including, the Redemption Date.