Central 1 Credit Union announced that it will redeem all of its issued and outstanding Series 7 Subordinated Notes on June 30, 2026. The notes, which are due on June 30, 2031, will be redeemed at par value. This decision allows the financial institution to manage its capital structure ahead of the original maturity date.

The redemption price per Note is equal to par, together with accrued and unpaid interest up to, but excluding, the date of redemption. The Notes became redeemable at Central 1's option on or after June 30, 2026. Formal notice regarding this redemption will be delivered to Noteholders in accordance with Central 1's Eighth Supplemental Trust Indenture.

Central 1 cooperatively empowers credit unions and other financial institutions that deliver banking choice to Canadians. As of March 31, 2026, the institution reported assets of $9.2 billion. It provides payments, clearing and settlement, and treasury services to support the financial well-being of more than 5 million diverse customers across Canada.