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|Ken Kosolofski, President/CEO|
Number of employees
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.
Key services fall into the following categories:
- 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.
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