Girish Mahajan (Editor)

Concentra Financial

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Type
  
Bank

Website
  
Concentra

Number of employees
  
380

Industry
  
Financial services

Headquarters
  
Saskatoon

Concentra Financial wwwgpfscasystemfileslogosConcentrawhtgif1

Key people
  
Ken Kosolofski, President/CEO

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.

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 (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.

    References

    Concentra Financial Wikipedia