PenFinancial Niagara Shares are a great investment option that benefits you, your community, and your truly local credit union.
When you invest in Niagara Shares, you’re investing in PenFinancial as a company. As a result, PenFinancial’s capital base is strengthened, and PenFi can invest more into products and services that serve you. By investing in Niagara Shares you’re helping PenFinancial on our mission to improve lives and strengthen communities.
You can benefit in other ways too. Generally speaking, Niagara Shares offer an annual dividend that exceeds typical interest rates offered from GICs.
2019: 4.00% | 2018: 4.00% | 2017: 3.00%
As there are only a certain amount of shares available to PenFinancial Members, there is typically a waiting list in order to be eligible to purchase Niagara Shares.