News & Media

Financial news can be boring, but not with PenFinancial. Learn about new products and services that benefit you. Find out how PenFi is helping in your community. From new products and promotional offers to up-to-the-minute credit union news, you’ll find the latest news and announcements from PenFinancial here.

Media inquiries, please contact

Kerry Ould, Chief Marketing Officer


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Latest news

Nov 1, 2023

PenFinancial engages in preliminary merger discussions

We’re excited to share that PenFinancial has announced our intention to pursue a merger with Mainstreet Credit Union, pending satisfactory due diligence, regulatory approval and a successful member vote.

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Sept 12, 2023

PenFinancial Credit Union pledges $25,000 to support Gillian’s Place Build a Safer Future campaign

PenFinancial Credit Union has announced a $25,000 pledge to support Gillian’s Place Build a Safer Future campaign. This donation is part of PenFinancial’s Truly Local Commitment which aims to help improve lives and strengthen communities.

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Sept 1, 2023

$12,000 donation to school nutrition programs 

As part of their ongoing Truly Local Commitment, PenFinancial has announced a $12,000 donation to support local school nutrition programs in Niagara and Haldimand.

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May 5, 2023

Board of Directors announcements

PenFinancial Credit Union has today announced the following changes to its Board of Directors. Reg Sonnenberg has retired from the PenFinancial Board of Directors.

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April 20, 2023

Mother Earth Day Returns for 2023, Presented by PenFinancial Credit Union

Mother Earth Day, presented by PenFinancial Credit Union and hosted by the Park in the City Committee, returns to Firemen's Park on Saturday, May 13, from 10 am until 4 pm (rain or shine).

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Fast Facts about PenFinancial Credit Union

PenFinancial is a truly local values-based credit union that is committed to improving the lives of over 20,000 members and businesses. We delivers a full range of financial services online, by mobile, and through a network of 8 branches across Niagara and Haldimand County.

Through our Truly Local Commitment, we are a Certified B Corporation and Living Wage employer, and we commit to investing a portion of our profits back into the communities we serve.

Our mission is to improve lives and strengthen communities.

  • Over 20,000 Members strong
  • 100% owned by Members, whom each own a share
  • Over $800 million in assets
  • Our 100 employees live and work in Niagara and Haldimand County
  • Open bonded credit union, anyone can join