Concentra Financial

Concentra Financial
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.

References

External links



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