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Credit Union CEO's $32.7M Digital Gamble: Why It Nearly Backfired

Reading time: 2 min • Aug 29, 2025, 05:13 AM (UTC)

Key Points

  • Central 1 Credit Union saw treasury profits soar to $21.4 mi...

When Central 1 Credit Union handed over its digital banking operations to Intellect Design Arena earlier this year, it was like watching someone renovate their house while still living in it - messy, expensive, and you're never quite sure if it'll work out.

The results are in from Q2 2025, and spoiler alert: it's complicated.

The Good News: Treasury's Having a Moment

Central 1's treasury division decided to be the responsible sibling, delivering a net income boost of $5.4 million year-over-year. Their secret sauce? Lower interest expenses and a net interest income of $20.6 million that w...

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