Concentra Bank is a Schedule 1 chartered bank in Canada, operating under the Bank Act. It is fully owned by Equitable Bank and became part of this larger banking group in 2022. Concentra Bank provides a variety of wholesale financial, capital markets, and trust services, catering primarily to the credit union system and other financial institutions. With total assets of approximately $11 billion as of 2020, Concentra Bank is regulated by the Office of the Superintendent of Financial Institutions Canada (OSFI). The bank offers tailored financial services for wholesale clients, capital markets services including trading and investment, and trust services for asset management. As a chartered bank, it operates across all provinces and territories in Canada, ensuring a broad reach in the financial sector. Wyth Financial is a trade name associated with Concentra Bank, reflecting its diverse brand presence.