Who We Are

Atlantic Central is the trade association for member credit unions in Atlantic Canada.

We are dedicated to helping credit unions become the financial institution of choice. We do this through leadership and the excellence of our people, products, services, and strategic partnerships.

We support credit unions with a wide range of services.

Our History

In 2007, Credit Union Central of New Brunswick, Credit Union Central of Nova Scotia, and Credit Union Central of Prince Edward Island began discussing the benefits of joining together to create one new regional Central for member credit unions in Atlantic Canada. Combining the three organizations would mean that:

  • Products and services could be delivered more quickly
and efficiently
  • Credit unions would have access to more specialized expertise with an expanded employee complement
  • Operating costs would be reduced, and savings reinvested in new product and services to support credit union growth and competitiveness.

As a result, Atlantic Central was officially formed following the amalgamation on January 1, 2011.

A woman with dark hair presents a report to a diverse group of colleagues working together in an office.

Executive Leadership Team

Atlantic Central and League Savings and Mortgage Company’s (ACLSM) Executive Leadership Team are responsible for the development and implementation of long and short-term strategic goals and objectives for the companies.

Headshot of Paul Masterson, President and CEO, a man with short hair wearing a navy blazer, dress shirt and blue tie

Paul Masterson

President and CEO

  • Bio

    Paul Masterson is a results-driven leader with a proven track record of developing and implementing corporate strategies that enhance business and stakeholder value. With more than 30 years of national and global experience in financial services, Paul’s broad perspective and innovative thinking are key to leading ACLSM’s business strategy to achieve our long-term vision. Paul considers the co-operative and collaborative nature of the credit union system as one of its biggest assets and a key differentiator in the financial services industry.

    Outside of the office, Paul enjoys quality time with loved ones, hiking and playing sports such as golf and tennis. In his downtime, Paul enjoys spending time in the US where he has family.

Headshot of Kim Walker, Chief Operating Officer, a woman with short dark hair wearing a lime green blazer

Kim Walker

Chief Operating Officer

  • Bio

    Kim Walker provides strategic leadership and operational oversight to ACLSM’s business strategy. She has a robust background in finance and risk management across healthcare, financial services, wholesale/retail sectors, and public accounting. Kim excels in steering treasury, liquidity, and lending operations at ACLSM while also overseeing strategic financial consulting for our member credit unions.

    Kim’s commitment to the co-operative movement began when she opened her first credit union account as a child. She has a steadfast belief in local ownership, prioritizing member service and creating benefits that improve the lives of members and create healthy communities. Outside of work, Kim enjoys spending time with her dogs, gardening, reading, and relaxing at the beach.

Headshot of Brenda Roberts-Harmon, VP General Counsel,
Chief Risk Officer, a woman with long brown hair and glasses wearing a burgundy blazer

Brenda Roberts-Harmon

VP General Counsel,
Chief Risk Officer

  • Bio

    Brenda Roberts-Harmon leads a large team responsible for legal counsel, risk management and compliance, corporate services and governance, human resources, communications, and premises. She takes immense pride in supporting her team’s career growth and seeing them discover their true professional aspirations. She values collaboration and enjoys working with colleagues across the credit union system on a variety of key initiatives.

    Brenda’s greatest joy has been raising her two sons, supporting their love of sports, and creating memories with her family whether at home or abroad.

Headshot of Don Noyes, VP Finance and CFO, a man with a gray beard wearing a blue dress shirt

Don Noyes

VP Finance and CFO

  • Bio

    Don Noyes leads the finance and information technology functions and ensures the enterprise risk management and compliance processes are aligned with corporate strategy. He oversees, manages, and coordinates the internal operations of ACLSM with established policies, goals, and objectives.

    Don cultivates a positive work environment, tries to find the humor in almost any situation, and maintains a light-hearted perspective. He finds fulfillment in collaborating with employees and supporting the career goals of his team. In his downtime, Don enjoys the antics of his cat, Chef, reading, and singing along to classic rock music all day long.

A headshot of Paul Paruch, VP Digital and Payments, a man with dark hair wearing a black blazer and white shirt

Paul Paruch

VP Digital and Payments

  • Bio

    Paul Paruch has over 32 years of experience in the credit union system, which has been focused on developing and implementing business strategies that support credit unions in growing membership and contributing to member and community success.

    Paul is Chair of the Operations Committee on the Ficanex Services Board and Co-Chair of the C1 Payment Advisory Council. He also holds a Master of Management in Co-operatives and Credit Unions degree from Saint Mary’s University in Halifax, Nova Scotia. When not working, Paul enjoys spending leisure time with his family, including his husky, Benny, and travelling.

Headshot of Andrew Morash

Andrew Morash

VP Operations and General Manager

  • Bio

    Andrew Morash brings over 12 years of corporate finance and financial reporting expertise. Known for his results-oriented approach in retail and financial services, Andrew excels in optimizing business processes and strategic finance operations. His passion for data-driven decision-making that creates added value for all, aligns with the co-operative principles of leveraging the collective for the greater good. Andrew’s leadership has been pivotal in guiding transformations, implementing strategies, and leading cross functional teams through change journeys.

    Andrew lives in Halifax with his wife and their daughter, and finds joy in hiking, travelling, cooking, and exploring pop culture interests such as comics and collectables.

Atlantic Central Board of Directors (2024–2025)

  • Sarah Millar, Chair (PE)
  • Lisa Loughery, Vice-Chair (NB)
  • Steve Blackwood (NL)
  • Danielle Boudreau (NS)
  • Tammy Christopher (NB)
  • Doug Dewling (NL)
  • Angela Franklin (NS)
  • Martin Gillis (NS)

  • Camille Maillet (NS)
  • Mary Oxner (NS)
  • Bert Ronahan (PE)
  • Thomas (Tom) Vickers (NS)

League Savings and Mortgage Board of Directors (2024–2025)

  • W. George Smith, Chair (NL)

  • Sally van de Wiel, Vice-Chair (At-large) (NS)
  • Steve Blackwood (AC Appointed) (NL)
  • Danielle Boudreau (AC Appointed) (NS)
  • Sherri Clark (PE)
  • Doug Dewling (AC Appointed) (NL)

  • Corina Farbacher (Independent) (SK)
  • Martin Gillis (AC Appointed) (NS)
  • Jim MacFarlane (AC Appointed) (NS)
  • William (Bill) Marr (NB)

  • Carol Ripley (NS)
  • Thomas (Tom) Vickers (AC Appointed) (NS)

Purpose, Vision, Culture

Our cooperative values drive our culture and how we do our business.

Purpose

We partner with credit unions and others to enable the Atlantic credit union system and the communities we serve to grow well.

Vision

A thriving Atlantic credit union system with growing membership and clear contribution to member and community success.

Culture

We are solution driven, collaborative and respectful.  Together as one team, we serve our customers and our communities through collaborative and timely solution delivery.

The Credit Union Difference

A credit union is more than a bank. While credit unions offer a full suite of financial products and services just like a bank, the credit union commitment goes beyond transactions.

It’s enriching the lives of members by providing financial services that meet their individual needs.

It’s building strong healthy communities.

It’s supporting local businesses.

It’s investing profits back into local communities, making an impact in the places we call home.

Credit union members are shareholders and have a say in how their credit union operates and credit unions are accountable to their members who live and work in the communities where they are located. Learn more about how credit unions make a meaningful difference for their members and communities.

Latest Annual Reports

Regulatory Disclosures

Atlantic Central is provincially regulated by the Nova Scotia Credit Union Deposit Insurance Corporation (NS CUDIC). As part of its regulatory requirements, Atlantic Central must make public disclosure of its residential mortgage portfolio. Please click the link below for quarterly details of the residential mortgage portfolio at Atlantic Central. 

Regulatory Disclosures