Concentra Bank

Concentra Bank is a Canadian Schedule I bank, established in 2005 through the merger of SaskCentral and Cooperative Trust, with a history dating back to 1952. Headquartered in Saskatchewan, the bank employs around 305 people across locations in Saskatoon, Regina, Surrey, and Toronto. In 2022, Concentra Bank became a wholly owned affiliate of Equitable Bank, enhancing its capabilities in the Canadian banking sector. The bank specializes in wholesale banking and trust solutions primarily for credit unions across Canada, excluding Québec. Concentra Bank offers a variety of services, including commercial lending, mortgage financing, securitization, foreign exchange, cash and treasury management, leasing solutions, and wealth management through Concentra Trust. Serving 244 credit unions, Concentra Bank plays a vital role in helping these institutions compete effectively in the financial marketplace.