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Concentra Sold, Who Benefits?

2022-02-10 Ross 1 Comment Ownership and Accountability, Small credit unions

SaskCentral has sold its 84% interest in Concentra Bank to the Equitable Bank Group. Is it a good deal for the mid-size and smaller credit unions of Canada that been the primary clients of Concentra?

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This blog is an attempt to provoke and engage credit union directors, and members. I have been a credit union supporter for several years and I am keen to challenge some of the conventional thinking that rationalizes further consolidation. I think we have been lulled into a stupor and we fail to appreciate just what important community 'treasures' we have. SUBSCRIBE: options are at the end of every post!

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