Concentra Financial
| Credit union | |
| Industry | Financial services |
| Headquarters | Saskatoon, Saskatchewan |
|
Key people
|
Ken Kosolofski, President/CEO |
|
Number of 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
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