News & Media Archives

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Kerry Ould, Chief Marketing Officer

PenFi news archive

December 18, 2020

To make contactless payments even more convenient, Interac Flash tap limits have increased.  As a PenFi Member you can now use your debit card to make purchases of up to $250 per tap transaction to a cumulative amount of $400 without needing to re-enter your PIN.  To activate this change, you simply need to complete three consecutive chip transactions.   There is no time limit on completing these transactions, however they must be consecutive and not include any tap transactions in between. These can be made at an ATM or at point of sale.
November 19, 2020 $20,000 Donation to Socks for Change to help those in need this winter
October 5, 2020 In consultation with our Board of Directors, and other business considerations, we have made the decision to merge the Bunting Road and Huggins Street branches with our Fourth Avenue and Dorchester Road branches respectively. Please visit for more details.
September 17, 2020 Effective immediately, Mr. Chris Lamb will no longer be serving on PenFinancial’s Board of Directors. We thank him for his service.
April 20, 2020 $10,000 in scholarships to be awarded to Niagara students
April 09, 2020 PenFinancial  donates $20,000 to local organizations during COVID-19 crisis
April 19, 2019 PenFinancial first Niagara based company to become a Certified B Corporation®
July 10, 2018 PenFinancial First Major Private Sector ‘Living Wage Employer’ in Niagara
June 19, 2018 PenFinancial’s Fourth Avenue Branch Fast Facts
March 9, 2018 Local partnership provides financial education and support to help break the cycle of poverty
January 31, 2018 PenFinancial to Officially Kick Off Their Truly Local Commitment to Niagara
July 6, 2017 Federal regulator bans use of common terms “to bank” and "banking” by Credit Unions
May 3, 2017 New Director of Finance Appointed at Niagara’s Truly Local Credit Union
December 19, 2016 Pelham Community will enjoy a Truly Local Banking Alternative in 2017
November 2, 2016 Free seminars to address how social enterprise is a viable business model for Niagarans
August 26, 2016 New Drive-Thru ATM to serve Thorold community
August 15, 2016 PenFinancial’s new CEO looks to hit the ground running
July 28, 2016 Local high school student wins $2,000 scholarship through Niagara based video contest
June 16, 2016 PenFinancial Credit Union Announces New CEO
June 15, 2016 PenFinancial Credit Union to Open New Branch on Fourth Avenue in St. Catharines
June 1, 2016 PenFinancial Credit Union Announces the Retirement of former Dunnville and District Credit Union CEO, Don Ecker
May 16, 2016 PenFinancial asks Niagara students “What do you want to be when you grow up?”
April 15, 2016 Dunnville and District Credit Union Members Approve Merger with PenFinancial Credit Union
March 15, 2016 PenFinancial looks to share their ‘Truly Local Advice’ with Niagara
December 7, 2015 PenFinancial Credit Union CEO Announces Retirement
October 27, 2015 Dunnville and District Credit Union to join PenFinancial Credit Union
October 19, 2015 Brock welcomes new PenFinancial scholarship aimed at Niagara area high school graduates
October 19, 2015 PenFinancial Credit Union supports community-minded, local students
October 15, 2015 New index grades Ontario municipalities on co-operative values and community strength
July 8, 2015 Local high school student wins $2,000 scholarship through Niagara based video contest
May 8, 2015 PenFinancial asks Niagara students “What do you want to be when you grow up?”
August 21, 2014 Video Scholarship Contest awards $4,000 to five local students
August 20, 2014 Local Credit Union invests $50,000 in Fort Erie Community
June 19, 2014 Membership overwhelmingly approves merger of two local credit unions
May 28, 2014 PenFinancial Credit Union recognized for Marketing Excellence at National Conference
May 26, 2014 Sprowt Video Scholarship winners thriving in Niagara!
May 6, 2014 PenFinancial asks Niagara students “What do you want to be when you grow up?”
January 28th, 2014 Two local credit unions in merger discussions
January 21, 2014 PenFinancial Credit Union Encourages Niagara Residents to Bank with a Higher Purpose
January 10, 2014 Wellspring Niagara recipient of PenFinancial’s Memorial tournament
December 10, 2013 PenFinancial Credit Union hopes to help make the holidays a little brighter for families in Niagara
November 22, 2013 PenFinancial Credit Union Collecting Donations in Support of Philippines Relief Efforts
July 9, 2013 Local students awarded a total of $4,000 in scholarships through Niagara based video contest
May 8, 2013 PenFinancial Credit Union and WRCC Continue to Grow our Community Together
March 8, 2013 $4,000 up for grabs as launches their video scholarship contest
December 14, 2012 PenFinancial Sparkle Lighting Awards Winners Announced
December 10, 2012 PenFinancial Sparkle Lighting Awards judging to take place December 12th
September 24, 2012 PenFinancial’s Jayne Paquin Awarded “Manager of the Year” by Credit Union Managers’ Association
May 7, 2012 PenFinancial making financial literacy fun for local students