It’s been a long time in the works, but after an exhaustive search that took us to all corners of Niagara Falls, we’re thrilled to finally be able to let the cat out of the bag and unveil the location of our newest branch.
Our new Niagara Falls location will be at 7190 Morrison Street – which is at the intersection of Morrison Street and Dorchester Road.
We are targeting an opening date of December 2021, at which time we will be closing the Dorchester Road branch and migrating members to the new branch.
Highlights of the new branch include:
We are targeting for an opening date of December 2021. As with all major renovations, there are always some surprises along the way – particularly when you’re building a new branch in the middle of a pandemic. That said, we’ll be working hard to meet our target date, and if the unexpected happens, we will share updates. The Dorchester Road branch will remain open until the new Niagara Falls branch is up and running so Niagara Falls members will still have support within their community.
We can appreciate you’re anxious to finally get a Niagara Falls location that provides you with a more modern and comfortable banking experience. We are too!
Finding a location that would serve our members well and provide easy access and parking was a priority for us. We also wanted to find a location in a central area of Niagara Falls so that the new branch would be convenient for the majority of members. Finding an available storefront that we could customize to meet our needs required a thorough search, and with available real estate being limited, combined with the effects of the pandemic, this was not an easy task.
Now that we have found the ideal location and the contracts are signed, we’re now focused on obtaining the necessary permits, working with the architects, and sourcing the building materials needed to bring our vision to life. We still have a long road ahead, but we’re committed to pushing hard to meet the December target.
Yes! While we don’t have the specifics quite yet, there will be an ATM. Once the architects work their magic and we have more details, we will provide updates here.
We will be offering standard hours at the new branch including Monday to Friday and Saturdays. We’ll finalize the opening hours and communicate them here and on our Contact Us page closer to launch.
One of the best things about this location is the parking and ease of accessing the branch. There is loads of free parking and it will be easy to enter and exit the plaza from either Dorchester Road or Morrison Street.
Once the new Niagara Falls branch opens, the Dorchester Road branch will close and staff and members will be migrated to the new branch.
We will be working directly with affected members to move their accounts to the new Niagara Falls branch and will do everything we can to minimize any inconvenience.
No problem. We can work with you to transfer your accounts to the location most convenient for you. We will be reaching out to all existing Dorchester Road members in the coming months to provide more information.
No. There will be no changes to your member number, account numbers or the transit number for the branch.
No. You may continue to use existing cheques and there are no changes required to any pre-authorized payments or transactions.
You will continue to use your current member number and access code (PAC). Closer to the launch date we will update the branch name to reflect “Niagara Falls” in the drop-down options.
We will work directly with impacted members to ensure a smooth transfer of safety deposit boxes to the new location. Additional details will be shared in the coming months.
Absolutely! We’ll be providing a full range of services from the new Niagara Falls branch. We’ll be in touch with the specifics of how accounts will be migrated in the coming months.
7190 Morrison Street
Niagara Falls ON L2E 7K5
905-357-5222 x 1501
marnie.hannahson@penfinancial.com
905-356-4467 x 1604
sandra.arsenault@penfinancial.com
PenFinancial Credit Union is a values-based financial co-operative committed to transforming how banking is done, so we can improve the lives of our members and strengthen the communities we serve.
That’s the thing about a truly local Credit Union…we don’t exist to pay dividends to individual shareholders, we exist to reinvest those profits back into Niagara. And as a Credit Union, all of our Members have a vote at our Annual General Meeting each year.
We serve over 20,000 Members in Niagara and Haldimand County, with branches in St. Catharines, Welland, Niagara Falls, Fonthill, Fort Erie and Dunnville.
