Concentra Financial

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Concentra Financial
Type Credit union
Industry Financial services
Headquarters Saskatoon, Saskatchewan
Key people Ken Kosolofski, President/CEO
Employees 380
Website Concentra Financial

Concentra Financial, is Canada's only financial retail association, a co-operative, providing financial and trust solutions to over 300 Canadian credit unions. Concentra is owned by its members who include credit unions, provincial credit union centrals and other financial co-operatives. Concentra Trust is a wholly owned subsidiary of Concentra Financial and provides trust services through credit unions across Canada.

Key services fall into the following categories:[1]

  • Capital Markets and capital management
  • Concentra Trust
  • Corporate Banking and Leasing
  • Credit, Liquidity, Mortgage and Deposit Services
  • Asset management (with total assets of $21 billion CAD under administration)

Examples of these services include consulting, processing SWIFT fund transfers, foreign currency services, capital management, risk management, loan purchase and syndication, term deposits, etc.

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