Funny, how when you ask a bunch of Niagara Region students what they’re looking for in a financial institution – the answer is pretty clear – ‘simple’ and ‘free’, that’s it. Oh, and if there are some added bonuses, like cool stuff and discounts for places and things in Niagara, then that’s pure awesomeness.
When we were developing our Sprowt Student Banking Package, we decided to concentrate on the ‘simple’ and ‘free’ part. We did our homework and we’re giving you what you asked for! Sprowt is NO FEE Student Banking at its best! Sprowt is designed with Niagara students in mind – whether you’re a 12 year old at elementary school in Niagara Falls, a Grimsby Secondary School graduate, or attending Brock or Niagara College, Sprowt bundles all of these great products and services for FREE!
Basically, everything is free for all Sprowt members up to 18 years of age and full-time post secondary students, no matter how old you are. All you need to do to take advantage of these great deals (which, by the way, you won’t find at any other bank or credit union in Niagara) is simply complete the application form and we’ll contact you to get you set up, or you can visit any one of PenFinancial Credit Union branches to open a Sprowt NO FEE Student Banking Account!
Oh, and we know banking can be really boring. Who wants to hear more about how to apply for a loan and avoiding debit card scams – so, our Sprowt Spoketers (Niagara students - just like you!) have developed this Sprowt.ca website, where you’ll find quick, easy tips that you really want and need to know to make the most of your money and make the most of your experiences as a student here in Niagara. You’ll find our Sprowt Spokesters out in their little Smart car, scouting out the hottest new watering holes, blogging about the best places to find bargains in Niagara, eating cheap and finding that perfect apartment – all the things that matter to you!!
Plus, be on the lookout for our Sprowt Spokesters at student hotspots over the next few months, because they’ll be handing out great Sprowt giveaways, plus incentives from $25 to $200 when you open up a Sprowt Account!
* Debit transactions include in branch, telephone and online bill payments, cheques, point of sale (Interac) purchases and pre-authorized payments. ATM transactions include PenFinancial ATMs along with 2,400 ATMs across Canada through THE EXCHANGE NETWORK. Other financial institutions may apply a surcharge; inquire with them for details.
As you guys scramble to wrap up your final exams and projects we thought it might be a good idea to give you a few more weeks to submit your videos into our Video Scholarship Contest, which give entrants a chance to win either the winning scholarship prize of $2,000 or one of two runner prizes of $500. All you need to do is create a short video explaining what you want to be when you grow up and why. You don’t have to be a video editing wiz to enter! Just make your video engaging, and have fun with it!
All the details you need can be found here, or you can email josh.juhlke@penfinancial.com.
Are you planning to attend or return to post-secondary school this fall? Wondering how you'll manage to pay for tuition and books? We can help!
Sprowt.ca is pleased to bring back our Video Scholarship Contest once again, giving students in Niagara an opportunity to win some cash. The winner will receive $2,000 with the two runner ups taking home $500. All you have to do is submit a video (under two minutes in length) outlining why you're passionate about your chosen program of study. In other words, what do you want to be when you grow up and why? Check out Josh Trinder's winning video entry from the last scholarship content.
Download the complete application, including all rules and regulations here.
Questions? We welcome them. Email josh.juhlke@penfinancial.com or call 289-820-9744 ex. 247
NOTE: The deadline for video submissions in April 27th, 2012

This summer, PenFinancial Credit Union will partner with the Ontario Credit Union Charitable Foundation to send four young students living in Niagara to the Co-operative Young Leaders (CYL) Camp. PenFinancial will pay the $610 sponsorship fee for each of the four CYL'ers! These week-long camps help young people develop self-awareness and communication and leadership skills through co-operative activities in a fun, safe, outdoor environment. They will discover more about themselves and others, and learn to become leaders, co-operators and team players.
Students living in the Niagara Region between the ages of 14-18
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Junior (First-time participants 14–15 years old): |
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| A July 30 - July 7 | B July 7 - 14 | C July 14 - 21 |
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Intermediate (For Junior graduates or 16–17 year olds participating for the first time): |
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| A July 21 - 28 | B July 28 - August 4 | |
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Senior (for Intermediate graduates or 17–18 year olds participating for the first time) |
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| A August 4 - 11 | B August 11-18 | |
Where are the CYL Sessions held?
All CYL session will be held at the Lake St. George Field Centre, operated by the Toronto Regional Conservation Authority. The Centre is located on a 120 hectacre site on the Oak Ridges Moraine in Richmond Hill. Learn more about the Lake St. George Centre at www.trca.on.ca
How to Apply?
Applicants must fill out the PenFinancial CYL application form to let us know which week of camp you'd like to attend and explain to us why you would like to participate in the CYL summer camp program.
Send your application form to Jody Vizza, Marketing and Business Development Manager at PenFinancial Credit Union, by Friday, May 4th, 2012, by mail (247 East Main Street, Welland L3B 3X1) or by email: jody.vizza@penfinancial.com
Those selected for one of the 4 available spots will be contacted before the end of May 2012. Successful applicants will then be required to complete the CYL application found at www.ontario.coop/cyl
Please note that you must be qualified by PenFinancial Credit Union before proceeding with your CYL application process. Qualification by PenFinancial does not automatically guarantee admission by On Co-op into the CYL Program. PenFinancial Credit Union will pay the $610 sponsorship fee for each of the four sponsored CYL'ers. The participant contribution fee ($200 +HST) must be paid before your application can be processed by the Ontario Co-operative Association.
