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SYSTEM RELEASE - Monday, March 9, 2015

Proud to be one of Canada’s Best Managed Companies


March 10, 2015 - Concentra Financial Services Association (Concentra), Canada’s only nationally chartered co-operative financial services retail association is proud to announce its designation as one of Canada’s Best Managed Companies for 2014, preserving its status as a Platinum Club member.

Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums sponsor this national award. The announcement was made today by the national sponsors and in a special report in the National Post daily newspaper. It is the 12th consecutive year Concentra has earned this mark of business excellence.

“As this award measures and recognizes more than financial performance, it makes it especially meaningful,” says Ken Kosolofski, President and CEO. “It is truly a testament to the dedication and talents of Concentra staff and board members toward best in class business practices across the company and providing the very best solutions and service to our clients.”

Concentra’s success in being recognized as one of Canada’s Best Managed Companies centres on three main pillars of achievement:

  • Commitment to grow as a credit union-centric company
  • Capability to understand and deliver on credit union needs
  • Strategy to chart a course toward a bold vision

Of these three pillars, the culture of commitment to grow as a credit union-centric company has been the leading factor in Concentra’s success. Over the past decade, Concentra has focused on strengthening its relationships with credit unions to understand and deliver on their needs. “We take the client view in all that we do in order to help credit unions achieve their desired business outcomes,” says Kosolofski. “The success of credit unions is our #1 priority.”

Kosolofski extends his congratulations and best wishes to all winners of this prestigious award, “We are proud to be among such a distinguished group of companies.”

The 2014 winners of the Canada’s Best Managed Companies will be honoured at the annual Best Managed gala in Toronto on March 31, 2015.

About Canada’s Best Managed Companies
Canada’s Best Managed Companies award continues to be the mark of excellence for Canadian-owned and managed companies. Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the award recognizes companies for sustained growth, financial performance, management practices and the efforts of the entire organization.

A Platinum Club member of this elite group signifies exceptional long-term focus on vision, growth and financial stability. Every year hundreds of companies compete for this designation in a rigorous and independent process that evaluates their management skills and practices.

About Concentra
Concentra is a federally regulated financial institution proudly serving as a trusted financial partner to credit unions of all sizes across Canada. Through Concentra, credit unions can offer seamless and sophisticated wholesale and trust solutions with great confidence to their members. Owned by and accountable to credit unions, Concentra is committed to be a valued and strategic partner to the system.

Concentra Financial
A Credit Union Company


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Communications Contact:

Tracy Laschilier
Manager,
Communications
306-956-4952