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News & Media

Financial news can be boring, but not with PenFinancial. Learn about new products and services that benefit you. Find out how PenFi is helping in your community. From new products and promotional offers to up-to-the-minute credit union news, you’ll find the latest news and announcements from PenFinancial here.

 
Media inquiries, please contact

Kerry Ould, Chief Marketing Officer
kerry.ould@penfinancial.com

 

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Latest news

May 1, 2024

PenFinancial Credit Union CEO Theresa Bird retires, Shari Sekel announced as her successor

PenFinancial’s CEO Theresa Bird announced her retirement, effective April 30, 2024. Following this announcement, the Board of Directors appointed Shari Sekel as the new CEO for PenFinancial, effective today, May 1, 2024.

Read the full news release →

Apr 30, 2024

PenFinancial wraps up another successful month of donations for the Prom Project Niagara

As part of their ongoing Truly Local Commitment, PenFinancial has wrapped up another season of collecting donations for the Education Foundation of Niagara’s Prom Project.

The Prom Project offers soon-to-be graduates the chance to shop a selection of pre-loved dresses, suits, shoes, and other accessories completely free of charge.

Read the full news release →

Apr 18, 2024

PenFinancial Credit Union announces 2024 Board of Directors

Following another successful Board election and AGM, PenFinancial is pleased to announce the 2024 Board of Directors.

Read the full news release →

Apr 2, 2024

Merger discussions between PenFinancial Credit Union and Mainstreet Credit Union conclude

In November 2023, the Board of Directors of PenFinancial Credit Union announced we had engaged in preliminary conversations about a potential merger with Mainstreet Credit Union and a Letter of Intent was signed by both Credit Unions.

Read the full news release →

Nov 1, 2023

PenFinancial engages in preliminary merger discussions

We’re excited to share that PenFinancial has announced our intention to pursue a merger with Mainstreet Credit Union, pending satisfactory due diligence, regulatory approval and a successful member vote.

Read the full news release →

View the news release archive →

Fast Facts about PenFinancial Credit Union

PenFinancial is a truly local values-based credit union that is committed to improving the lives of over 20,000 members and businesses. We delivers a full range of financial services online, by mobile, and through a network of 8 branches across Niagara and Haldimand County.

Through our Truly Local Commitment, we are a Certified B Corporation and Living Wage employer, and we commit to investing a portion of our profits back into the communities we serve.

Our mission is to improve lives and strengthen communities.

  • Over 20,000 Members strong
  • 100% owned by Members, whom each own a share
  • Over $800 million in assets
  • Our 100 employees live and work in Niagara and Haldimand County
  • Open bonded credit union, anyone can join
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Copyright © 2022 PenFinancial Credit Union
PenFinancial Credit Union is a licensed credit union operating in, and under the laws of the province of Ontario.
MEMBER LOGIN
BANKING
RESOURCES
ABOUT PENFI

Copyright © 2022 PenFinancial Credit Union
PenFinancial Credit Union is a licensed credit union operating in, and under the laws of the province of Ontario.