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COVID-19 UPDATE

Branches are open with adjusted operations and health and safety protocols.

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Daily Business Banking
Borrowing & Investing
Resources

COVID-19 UPDATE

Branches are open with adjusted operations and health and safety protocols.

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About PenFi
 
 

COVID-19 UPDATE

Branches are open with adjusted operations and health and safety protocols.

Learn More →

Chequing Accounts

Chequing accounts to match your unique needs, with simplified fees. Go figure!

All of our chequing accounts include these services:

  • Access to THE EXCHANGE® Network (3,600 ATMs across Canada)
  • Deposit cheques with the PenFi mobile app
  • Pay with your debit or credit cards from your phone
  • Interac eTransfer® (fees may apply)
  • Unlimited free deposits
  • Free access to the PenFi mobile banking app, online banking, and branches across Niagara and Haldimand

Open an account

Pay-As-You-Go Chequing Account¹

A great account for Members with light banking needs.

Key Features 

  • No monthly fee
  • $1.00 per transaction
  • Unlimited free deposits
Get Started
Service Fee Brochure →

PenBasic Chequing Account¹

Banking with benefits for a small monthly fee.

Key Features 

  • $3.50 monthly fee
  • Includes 6 free transactions
  • $0.60 per additional transaction
  • Unlimited free deposits
Get Started
Service Fee Brochure →

PenPremium Chequing Account¹

Unlimited banking with premium benefits.

Key Features 

  • $14 monthly fee (waived when you maintain a balance of $3,000)
  • Unlimited transactions
  • Unlimited free deposits
  • Free cheque orders
  • 4 free official cheques
Get Started
Service Fee Brochure →

PenGolden (60+)¹

Banking with privileges you’ve earned.

Key Features

  • No monthly fee
  • Unlimited transactions
  • Free cheque orders
  • Free bank drafts
  • Free in-branch transactions
  • 15% off safety deposit boxes
Get Started
Service Fee Brochure →

Sprowt Student Account¹

The ultimate chequing account for students.

Key Features 

  • No monthly fee
  • Unlimited transactions
  • Interest earned just like a savings account
  • Deposit cheques with your phone
Get Started
Service Fee Brochure →
¹Products, rates, and fees are subject to change without notice.
 

Contact us to open an account

Ready to set up a new account that matches your daily banking needs? Our Advisors are here to help.

Fill out to form, book an appointment online, or give us a call at 1-866-272-4275 and we can get you started today.