At PenFinancial, being Truly Local is the reason we exist.

As a member-owned financial co-operative with deep roots in Niagara and Haldimand, every decision we make is guided by the belief that the success of our Members and the prosperity of our region go hand in hand.

When you choose to bank with PenFinancial, you’re choosing a credit union that is committed to reinvesting in the people, organizations, and neighbourhoods we serve. The money you entrust to us help support local members, families, and businesses, while a portion of our profits is reinvested through grants, sponsorships, partnerships, and community initiatives.

Happy Holidays! It’s PenFi’s Social Purpose Coordinator Dana here, checking in for our yearly ‘Truly Local Commitment’ (TLC) recap. In case you need a reminder, our Truly Local Commitment is to improve lives and strengthen communities, specifically the Niagara and Haldimand communities. Now, this isn’t something we just use as a slogan or as a hashtag on social media, it’s a promise that’s weaved into everything we do. If you’re a member, you’re probably already aware of how we do this as a credit union. If you’re not a member, or maybe a new member, you’ve come to the right blog post because it’s literally my job to show people how we keep this promise. That should be your first clue that PenFinancial takes this commitment seriously, because they created an actual job to ensure it gets done. One of my favourite parts of my job is explaining to people what a Social Purpose Coordinator is, and what I do, and hearing this response after I tell them: “Wow, that’s awesome.” And yes, yes, it is. We invest in our Truly Local Commitment every day, not just through my position, but through our B Corp certification, Living Wage commitment and our partnership with Bullfrog Power.

Did you know that March is B Corp Month? Do you know what B Corp means?