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Welcome Home to PenFinancial

⚠️ ATM Maintenance

We will be performing scheduled ATM maintenance and as a result, all our ATMs, except for our Welland Branch ATM, will be out of service on Wednesday, March 22nd from 6:00 - 7:00 pm.

2-step Verification Is Now Available

The next time you log in to Online Banking or the Mobile App you’ll be presented with the option to set up 2-Step Verification (2SV). Setting it up takes just a few simple steps.

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Featured Rates*

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

See all current rates →

5-Year Fixed
High Ratio Mortgage
5-Year Fixed
Conventional Mortgage
13-Month GIC
eSavings Account
with $50K balance

Meet Our (AWESOME) Team

Don't be intimidated. We like to say we're in a serious business, but don't take ourselves too seriously. At PenFinancial, we're just real people that live in the same community as you and want the best for you. We just happen to be highly qualified professionals at the same time.


Meet Our Advisors

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Have your say!

Want to share a great experience? Feel we can do something even better? We’d love to hear from you.

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Be a part of something different

We were the first financial institution in Niagara to commit to paying our employees a living wage.

Build your career at PenFi →

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 commitment to community.  Each year we contribute a portion of our profits to charitable causes that help our local communities thrive. 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 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 →

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“Buy now pay later” is all the rage. So what’s the deal?

Remember back in the day? “But wait… there’s more! With only 10 easy payments of $19.99, you receive not one, but TWO...

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Do I really need to start saving for my child’s education this early?

Whats the Big Deal?

The news coming out of the USA that up to $10,000 of student debt was being eliminated for most...

Note Qtrade Guided Portfolios is a trade name of Credential Qtrade Securities Inc., Member of the Canadian Investor Protection Fund.
®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.
*Rates are subject to change without notice. Offer can be withdrawn at any time.
*Rates are subject to change without notice.  Additional premiums may apply in cases of a refinance, extended amortizations, non-owner occupied, or other instances where application details may warrant it. A High Ratio mortgage is applicable in cases where a borrower places a down payment of less than 20% of the purchase price on a home. Refinances, renewals and amortization periods of greater than 25 years are ineligible. For a purchase price of $500,000 or less, the minimum down payment is 5%. When the purchase price is above $500,000 and under $1,000,000, the minimum down payment is 5% for the first $500,000 and 10% for the remaining portion. Offer may change or be withdrawn at any time without notice.