News & Media

June 30, 2026

Changes to the PenFinancial Board of Directors

David Veres, Chair of the PenFinancial Board of Directors has announced several changes effective July 1, 2026.

Elizabeth Grimmond has resigned for personal reasons. Elizabeth served on the Board from 2021, including leadership roles as the Vice-Chair of the Board, Chair of the Nominating Committee, and Chair of the Governance & HR Committee. We thank Elizabeth for her dedicated service and contributions, and wish her well.

In accordance with the Credit Union’s Corporate By-Laws and Governing Policies, the Board has acclaimed Darryl Veld as Vice-Chair of the Board and as the Chair of the Governance, Ethics and HR (GEHR) Committee for the remainder of the 2026-2027 board year.

The Board also decided not to pursue a dedicated recruitment campaign to fill the vacancy at this time, and will operate as a 10-member Board until the 2027 AGM.

Visit our Board of Directors page for more information. Members interested in exploring future board opportunities may express their interest by sending an email to Board@PenFinancial.com.

May 11, 2026

PenFinancial Credit Union invests $7,000 in youth-led environmental sustainability through Links for Greener Learning

PenFinancial is proud to announce a $7,000 investment in LGL’s Niagara Green Rise project.

Read the full news release →

April 16, 2026

PenFinancial Credit Union announces 2026-2027 Board of Directors

Following a successful 2026 AGM, PenFinancial is pleased to announce its 2026-2027 Board of Directors.

Read the full news release →

November 26, 2025

PenFinancial Announces 2025 Truly Local Grant Recipients, Supporting Community Programs Across Niagara and Dunnville

PenFinancial Credit Union is proud to celebrate the four Truly Local non-profit organizations selected as the 2025 recipients of its Truly Local Grant Program. Now in its third year, the program provides $25,000 in funding to grassroots, front-line initiatives that make a meaningful difference in the lives of local residents.

Learn more about this year’s TLG winners.

June 26, 2025

Changes to the Board of Directors

Reg Sonnenberg has resigned from the PenFinancial Credit Union’s Board of Directors effective immediately. We thank Reg for his dedicated service to PenFinancial.

In accordance with our Corporate By-Laws, the Board has appointed David Veres as the new Chair of the Board of Directors.

For additional information about the Board of Directors, visit PenFinancial.com/GetOnBoard. Members interested in exploring future opportunities to join the Board of Directors, can send an email to Board@PenFinancial.com.