Bank Accounts created for Niagara's organizations and non-profits

As part of our Truly Local Commitment, PenFinancial offers competitive bank accounts for Niagara's organizations that give back to the community. Imagine that!

Details on Fees and Forms →

Open an account with the commercial business team →

PenCommunity Chequing Account¹

Suited for smaller organizations, clubs, teams, and committees. Enjoy simple pricing and great perks with this Chequing Account.  

Key Features 

  • No fee cash & coin deposits
  • No fee bill payments
  • $6.50 monthly fee + $0.50 additional transactions
  • Free access to E-statements with advanced transaction search and export features
  • Access to your money at over 3,600 ATMs across Canada on THE EXCHANGE Network
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Non-Profit Chequing Account¹

Get a customized Non-Profit Chequing Account that suits your business needs.

Key Features 


  • No fee cash & coin deposits
  • No fee bill payments
  • 0.20 cents per additional transactions
  • Free Online banking, with options to set limits, simplify transaction approvals, separate employee access, and more
  • Electronic Funds Transfer (EFT) with competitive pricing
  • Free access to E-statements with advanced transaction search and export features
  • Access to your money at over 3,600 ATMs across Canada on THE EXCHANGE Network
  • Need support? Call Monika or Shari, don’t worry about waiting on hold at a call centre in Toronto.
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Business E-Savings Account¹

Earn a premium interest rate with this online banking account for businesses.

Key Features

  • A competitive tiered interest rate
  • Free online transactions
  • No minimum balance
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U.S. Dollar Chequing Account¹

Meet all your U.S. dollar commercial banking needs with this chequing account.

Key Features 

  • Competitive flat monthly fee customized to your account activity
  • Online banking options to set limits, simplify transaction approvals, separate employee access, and more
  • Electronic Funds Transfer (EFT) with competitive pricing
Get Started
1Products, rates, and fees are subject to change without notice.

Let's work together

The right business banking solutions can save you time and money. Connect with PenFinancial's commercial business team to experience how your business can thrive with truly local banking.

 

Meet the Commercial Team