Borrowing & Investing

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 and Communications Officer
kerry.ould@penfinancial.com

 

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Latest news

Nov 26, 2024

Truly Local Grant Recipients Announced

PenFinancial Credit Union is proud to announce the recipients of its Truly Local Grant Program for 2024.

Read the full news release →

Nov 14, 2024

Canada Post Strike - Concluded

Due to the Canada Post delivery disruption, bank statements and other bills may be delayed. Please note:

  • You can view your statements and transactions using PenFinancial Online Banking. To sign up, please contact our truly local Contact Centre at 1-866-866-6641.
  • For any inquiries relating to your Collabria Mastercard, please call 1-855-341-4643.
  • Canada Post has agreed to deliver government cheques (CPP, OAS, Canada Child Benefit, etc.) once per month.
  • You are still required to keep making regular payments for credit cards, loans, and mortgages during this disruption.

For any other inquiries, please call our truly local Contact Centre at 1-866-866-6641.

Oct 4, 2024

PenFinancial Credit Union is awarded $25,000 grant to support the Grow @ Fort Erie Native Friendship Centre program.

As part of Concentra and EQ Bank’s Empowering Your Community grant program, PenFinancial is pleased to announce that they’ve been awarded $25,000 to support the FENFC’s ‘Grow’ program.

Read the full news release →

June 12, 2024

PenFinancial Credit Union renews Truly Local Grant Program for Another Year of Community Support

In a commitment to bolster community initiatives and empower local charities, PenFinancial proudly announces the return of its Truly Local Grant Program. With a generous allocation of $25,000 in funding, this initiative aims to uplift and strengthen charitable organizations based in the Niagara and Haldimand communities.

Read the full news release →

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 →

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Fast Facts about PenFinancial Credit Union

PenFinancial Credit Union is a truly local values-based credit union committed to improving the lives its nearly 20,000 members and businesses. We deliver a full range of financial services digitally and through a network of six branches across Niagara and Haldimand. Through our Truly Local Commitment, the credit union is a proud Certified B Corporation and Living Wage employer who invests a portion of our pre-tax profits into the communities we serve. PenFinancial is also proud to choose 100% renewable energy with Bullfrog Power as part of their commitment to environmental sustainability.

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