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WE'RE UPDATING OUR CHEQUING ACCOUNT PACKAGES

We're excited to be improving our Chequing Account options to include free Interac e-Transfers and simplified pricing. For more info, please click here.

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Featured Rates*

*Rates are subject to change without notice. Conditions apply.

See all current rates →

1.69%
5 Year Fixed
High Ratio Mortgage
1.79%
5-Year Fixed
Conventional Mortgage
1.25%
20 Month GIC
No Minimum
0.45%
High Interest Savings
With $50,000 balance

Mask-Wearing-BannerCOVID-19 updates

Read about the latest updates relating to COVID-19, including temporary adjustments to our hours of operations.

Latest updates →

HomepageSmallBanner_GivingBackGiving back - locally

Each year PenFi donates 10% of our pre-tax profits to make our community a better place to live and work. 

How we're helping →

Our Truly Local Commitment

As a credit union, we are owned and operated by our Members, and cooperative philosophies and social responsibility are in our DNA. At the core of our philanthropic culture is our Truly Local Commitment to invest 10% of our pre-tax profits back into Niagara Communities and challenge issues like poverty, homelessness, mental health awareness and environmental sustainability. We also support the community and our Members through programs like financial literacy training, and the Bob Watson Community Room space at our Fourth Avenue branch. Our commitment extends to our staff as well. As a certified Living Wage Employer, a living wage is our minimum wage.

We are proud to be a Certified B Corporation, committed to using our business as a force for good. We believe there is a better way to do business for our workers, communities and the environment. And, we walk the talk on those beliefs, 100% of our Financial Advisors are certified Responsible Investing Specialists, and we are committed to our communities by choosing local first. We hire local, buy local and partner with local like-minded organizations who are committed to building a better Niagara too, like Socks for Change.

We offer the same products and services as most other financial institutions, but we do it with a different set of values. It takes courage to be different, and we strive to transform the way banking is done.

Learn about our TLC

Truly Local Advice Blog

See all recent posts →

3 min read

Stop ducking and start 2021 with a plan

“An ounce of prevention is better than a pound of cure.” So said Benjamin Franklin, who didn’t have to live through...

4 min read

Planting roots in Niagara

Recent events have created an opportunity for many people to re-examine where they choose to call home.  With the...

5 min read

Gift giving that gives back

With the holidays fast approaching, it’s hard to know exactly how this year’s festivities will play out. You may be...

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®Qtrade is a registered trademark of Aviso Wealth Inc. Online brokerage services are offered through Qtrade Investor, a division of Credential Qtrade Securities Inc., Member of the Canadian Investor Protection Fund.
 
The PenFinancial Credit Union Collabria Mastercard is issued by Collabria Financial Services Inc. pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.For complete terms and conditions of all features and rewards please visit the Collabria Mastercard website.