Concentra Financial

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Concentra
Bank
Industry Financial services
Headquarters Saskatoon, Saskatchewan
Key people
Ken Kosolofski, President/CEO
Number of employees
380
Website Concentra

Concentra is a Canadian wholesale bank and trust company, 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 Bank and provides trust services through credit unions across Canada.

Concentra has $39.1 billion in assets under administration, holds $9.4 billion in assets, and serves 85% of Canada's credit unions.[1]

Key services fall into the following categories:[2]

  • Capital Markets and capital management
  • Trust services
  • Leasing and financing
  • Credit, Liquidity, Mortgage and Deposit Services
  • Asset management

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

Concentra's head office is located in Saskatoon, with additional offices in Regina and Surrey.[3]

References[edit]

  1. ^ "Concentra". concentra.ca. Retrieved 11 May 2017. 
  2. ^ "Concentra". concentra.ca. Retrieved 11 May 2017. 
  3. ^ "Locations". concentra.ca. Retrieved 11 May 2017. 

https://www.concentra.ca/Pages/content.aspx?gp=About%20Us&sub=About%20Us

External links[edit]