EQ Bank Subsidiary Concentra Awards $150,000 to Credit Unions Supporting Canadian Communities
Equitable Bank’s subsidiary, Concentra, has awarded a total of $150,000 in grants through its Empowering Your Community (EYC) program to six credit unions across Canada. The initiative supports community-driven projects focused on food security, mental health, Indigenous resurgence, and housing. Since 2011, the EYC program has provided over $2.3 million in funding to credit union-led initiatives that address local needs. The grants highlight Concentra’s ongoing partnership with Canadian credit unions, which serve six million members nationwide as locally owned institutions focused on community impact. This year's recipients include projects such as Harvest Manitoba and the MUSKODAA PISIKI (Buffalo) Project, among others aimed at strengthening local food systems and preserving Indigenous languages. Tanya Postlewaite, Vice President of Trust and Credit Union Services at Equitable Bank, emphasized that credit unions uniquely address community needs due to their deep roots in the regions they serve. The funding reflects EQ’s commitment to supporting these institutions as part of Canada's broader financial ecosystem.
Topics: community investment credit unions financial services