Board Chair
Board Vice-Chair
Chair of Audit and Risk Committee
Chair of Governance and Human Resources Committee
In 2024, the Canadian credit union industry navigated a unique mix of opportunities and challenges, influenced by global economic shifts, regulatory changes, and fast-paced tech advancements. With interest rates squeezing margins, credit unions explored new revenue streams and cost-saving measures to meet the evolving needs of members, staff, and regulators. At PenFinancial, we faced our own unique challenges, regrouping after the Board ended merger talks early in the year. Download the report to read more about how our passion, commitment, and community spirit are dedicated to improving lives and strengthening communities.
