Borrowing & Investing

Your PenFinancial Board of Directors

Providing trusted governance and strategic direction.

Voting is now open

Exercise your right as a member and vote for the Special Resolution to approve amended PenFinancial by-laws.

For your convenience, you can vote in one of two ways:

Please note that only your first vote is counted, so please choose the one method of voting outlined that is most convenient for you.

Vote closes March 20, 2026.

Review the Summary and Draft By-Law Changes →
vote

Our Board of Directors is made up of elected members who bring a mix of life experience, professional backgrounds, and community perspectives to the table. They represent you — our members — at a strategic level, helping guide the future of your Truly Local credit union.

The Board is responsible for the overall leadership and direction of PenFinancial. They set policy, provide oversight, review results, and work closely with our CEO and management team. Their role is to make sure we stay strong, sustainable, and aligned with our Purpose and values, today and for years to come.

View the Board of Directors → View the 2024 Annual Report → View the 2026-2028 Strategic Plan →

Why join our Board?

Bring your experience to a role that truly matters in your community.

  • Apply your expertise: Use your professional knowledge to support meaningful governance.
  • Expand your network: Connect with other dedicated community leaders.
  • Grow your leadership: Build new skills while contributing to something bigger than yourself.
  • Drive community impact: Help shape initiatives that strengthen the communities we serve.

Is this role right for you?

We’re looking for candidates who:

  • Are passionate about community
  • Share our commitment to values based banking
  • Bring strong governance and financial understanding
  • Offer diverse professional experience and perspectives
  • Demonstrate leadership and collaboration
  • Can commit time to Board meetings and strategic planning sessions

The selection process

Formal nominations open in November, but we welcome expressions of interest all year long. Board vacancies are based on expiring terms, and successful candidates are introduced at our Annual General Meeting each April.

Get on Board!

Interested in this leadership opportunity?
Contact our Board Nominations Committee to learn more.
Email the committee →
David Veres
David Veres

Board Chair

Elizabeth Grimmond
Elizabeth Grimmond

Board Vice-Chair

Sandy Brown
Sandy Brown

Chair of Audit and Risk Committee

Laurie Ryan-Hill
Laurie Ryan-Hill

Chair of the Governance and Human Resources Committee

Grace Pang

Grace Pang

Kirbi Simpson

Kirbi Simpson

Rick Tabaka

Rick Tabaka
David Tsang
David Tsang
2024 PenFinancial Annual Report

 

2024 Annual Report

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.

Download the 2024 PenFinancial Annual Report →

View the Annual Report Archive →

2026–2028 Strategic Plan

In 2025, the Board of Directors began developing a three-year year strategic plan to guide PenFinancial’s future. The plan reinforces our commitment to remaining an independent, financially sustainable credit union grounded in our Purpose and values. It outlines three strategic pillars that will shape how we focus our resources and deliver long-term value for our members and communities.

Review the Strategic Plan →

2026-2028-Strategic-Plan