Truly Local Commitment

🎁 2023 Wrapped! 🎁



We’ve had an incredible year!

2023 was jam-packed with community events, fundraisers, concerts, art displays, runs, bike rides… and more! We had a blast helping to improve lives and strengthen communities with so many other great partners and non-profits in Niagara and Haldimand.

It was also a special year for us since we launched our first ever PenFinancial Truly Local Grant Program, with $25,000 in funding to support local non-profit organizations in our communities.

We’re SO proud of the impact we’ve made this year, and we want to share it with you! Here are just some of the amazing things we were able to accomplish this year with the generous support of people like YOU, and community partners!

Over 1,000 volunteer hours served



Volunteer hours served in the Niagara & Haldimand regions. Every PenFi employee is encouraged to complete at least one volunteer activity in their community as part of their Truly Local Commitment goal.

Over $20,000 in TLA donations



in TLA donations made. Every year, we make a charitable donation of $200 on behalf of each of our employees to reward their volunteerism and community involvement!

PenFi Truly Local Commitment - Cheque Presentations



to local non-profit organizations. Our PenFi team members love celebrating and sharing our Truly Local Commitment!

Branch fundraisers



in additional donations raised through Branch fundraisers. Our PenFi branches actively participate in a variety of community building events and fundraisers all year round.


in Corporate Donations


in Corporate Sponsorships


in Truly Local Grant Funding


Our 2023 Truly Local Grant Program Recipients


to Holy Trinity Church in Welland

The funds will go towards new movable racks (which will increase their capacity by 40 %!) and supplies for their Food & Hygiene Bank

Learn more about Holy Trinity Church →
PenFi Truly Local Grant Program Recipient - Holy Trinity Church Welland


to the Fort Erie Native Friendship Centre

The funds will go towards the purchase of a greenhouse and supplies for their new Grow @ FENFC program.

Learn more about the Fort Erie Native Friendship Centre →
PenFi Truly Local Grant Program Recipient - Fort Erie Native Friendship Centre


to Dunnville Youth Impact Inc.

The funds will go towards the purchase of a commercial dishwasher to support their life skills programming and free meal dinners.

Learn more about Dunnville Youth Impact Inc. →
PenFi Truly Local Grant Program Recipient - Dunnville Youth Impact


to Project SHARE of Niagara Falls

The funds will go towards purchasing new toys and gift cards for Niagara Falls families in need this holiday season.

Learn more about Project SHARE of Niagara Falls →
PenFi Truly Local Grant Program Recipient - Project SHARE of Niagara Falls

Employee Spotlight ✨

Our employees are the best, and we’re so proud to shine a light on this year’s Truly Local Ambassador Award winner, Jodie Drennan.

Jodie is our Human Resources Generalist and volunteers her time with Wellspring Niagara. She began volunteering with this incredible organization in 2018 after the passing of her husband, Bill. Since then, she’s raised over $25,000 for Wellspring and volunteers weekly as a Peer Support Volunteer. In recognition of her community involvement, we made a $2,000 donation to Wellspring on Jodie’s behalf. Congratulations Jodie, and thanks for being a Truly Local Ambassador!

Jodie xmas

Community Spotlight 🙌

It’s an honour to recognize Community Crew, one of our staff members’ favourite community organizations. In 2023, we raised over $16,000 (that’s almost 8,000 lunches!) for CC’s school lunch program, and funded a new commercial refrigerator to store all the food!

Community Crew provides 4,500 healthy lunches each week to children in 30 different schools throughout the Niagara Region. Their goal is to ensure every child has access to quality food every day. To learn more or get involved with ‘the Crew’, check out their website.

Community Crew

What makes us really special…

In addition to investing a portion of our profits back into the community, we’re committed to sustainability, too! We proudly choose 100% renewable energy for all of our locations through our partnership with Bullfrog Power.

We also care about our people. We are proud to be the first financial institution in Niagara to be recognized as a Living Wage Employer by the Ontario Living Wage Network

And last but not least, we’re proud to be B Corp certified. This means we demonstrate high social and environmental performance, accountability and transparency to all stakeholders. 

PenFinancial Credit Union Environmental Impact

Bring on the New Year!

New year, same us, bigger impact. We’re excited to grow our Truly Local Commitment activities in 2024. Make sure you’re following along to see what we get up to!

Cheers to the New Year!

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