Looking for a secure investment?

Want predictability with your investments? Want to be treated the same whether you’re an existing member or a new member? A GIC is a great option for our Members looking for a guaranteed rate of return.

Get Your GIC

Featured GIC Rates

Your loyalty should be rewarded, not forgotten. That’s why all PenFinancial GICs are offered to both new and existing Members. It’s the right thing to do. Additionally, with 10% of pre-tax profits being donated right back into Niagara and Haldimand addressing issues like poverty and homelessness, PenFi offers a different way to do banking altogether.

All GIC rates →

GIC Special
GIC Special

Ready to connect with an Advisor?

So, you’re interested in a GIC with Niagara’s truly local credit union – send us a message, book an appointment online, or call one of our branches, and a PenFinancial Advisor will reach out to help you get what you need to succeed.


Want a higher rate of return where your principle investment is still guaranteed?

Index-Linked GICs

Index-Linked GICs offer our Members the possibility of earning a higher rate of return, while still ensuring the principle investment is paid out not matter what. You get greater potential reward without the risk of losing  money.


Principle guaranteed

Index-Linked GICs guarantee your principle – even if the financial markets lose value.



We don’t recommend that 100% of your portfolio be invested in Index-Linked GICs. Depending on your risk tolerance, there are other investments that offer even greater upside. However, index-linked GICs offer you principle protection to hedge your investments from greater downside.


Greater upside

Should the underlying assets of your Index-Linked GIC increase in value, you can earn significantly more than traditional GICs.

Banking at PenFi is about more than money.

It’s about financial solutions that generate prosperity for you and your community.

Our Truly Local Commitment is the heart and soul of our philosophy, where we believe the prosperity of our Members and our communities go hand in hand. We donate 10% of our pre-tax profits back into our communities, a living wage is our minimum wage, and we are a Certified B Corporation – just a few ways we're invested in you and your community.

Learn about our TLC

1 Rates are subject to change without notice.