Index-Linked GICs guarantee your principle – even if the financial markets lose value.
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.
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 a significant portion of our profits being donated right back into Niagara and Haldimand addressing issues like poverty and homelessness, PenFi offers a different way to do banking altogether.
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.
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 commit a portion of our profits to support truly local initiatives, 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.