PenFed Credit Union
Pentagon Federal Credit Union (PenFed) is one of the leading credit unions in America with over 2.8 million members and about 2,900 employees. It provides a wide array of competitive products and services including checking accounts, high-yield savings and money market accounts, debit cards, IRA certificates, personal loans, new and used auto loans, mortgage lending, student loans, refinancing, debt protection, rewards credit cards, home equity lines of credit, mobile and online banking, wealth management as well as insurance and retirement solutions through CUNA Brokerage Services Inc. PenFed is federally insured by NCUA (National Credit Union Administration) and is an equal housing lender. Founded in 1935, today it is the third largest credit union in the United States by membership. PenFed’s major competitors are Navy Federal Credit Union, Bank of America Military Bank and USAA. As of September 30, 2024, PenFed Credit Union had $33 billion in assets, $28 billion in deposits and $2.9 billion in equity capital.
Area served:
Army, Coast Guard, Air Force, Department of Defense, Department of Homeland Security, defense-related companies, the Veterans of Foreign Wars and their families
Quick Facts:
Number of customers: 2,830,000+
Number of employees: 2,860
Number of branches: 50+
Total assets: $32.7 billion
Established: 1935
PenFed subsidiaries:
PenFed Realty, LLC
PenFed Title, LLC
DigMed, LLC
Headquarters address:
7940 Jones Branch Drive
McLean, Virginia
United States
Phone number: 1 (800) 247 5626
Routing number: 256078446
Website: www.penfed.org
Pentagon City:
PenFed Financial Center
701 12th Street, South
Arlington, VA