PenFed is a sustainable financial institution, serving more than 1,046,583 members in the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies and the Veterans of Foreign Wars. They have proven to be a strong and safe establishment with more than $15 billion in assets and by providing user friendly services. Since being federally chartered in 1935, they have been offering and improving the deposit accounts and other banking services they offer, which include credit cards and loans.
The dynamic cliental of this financial institution calls for convenience and PenFed delivers in a spectacular way. They help service their customers worldwide, seven days week, 24 hours a day with their online banking services. PenFed also serves their cliental by telephone and at branches that are located in the Washington D.C. area, Hawaii, New York, Texas, North Carolina, as well as over seas.
PenFed is comprised of member-owners and is headed by a volunteer Board of Directors. Each director that wants to volunteer goes through training and provides relevant, knowledgeable advice to the credit union.
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