Pentagon Federal Credit Union

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PenFed
TypeCredit union
IndustryFinancial services
Founded1935
HeadquartersAlexandria, Virginia, United States
Number of locations22
Area servedAir Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, the Veterans of Foreign Wars and their families
Key peopleJim Quinn, Board of Directors Chairman
Frank Pollack, President
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments
Websitepenfed.org
 
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PenFed
TypeCredit union
IndustryFinancial services
Founded1935
HeadquartersAlexandria, Virginia, United States
Number of locations22
Area servedAir Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, the Veterans of Foreign Wars and their families
Key peopleJim Quinn, Board of Directors Chairman
Frank Pollack, President
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments
Websitepenfed.org

Pentagon Federal Credit Union, also known as Pentagon Federal or PenFed, is a federal credit union headquartered in Alexandria, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). PenFed is the nation's third largest federal credit union with assets of over $15B (February 2011) and approximately 1 million members.

In addition to savings and checking accounts and loans, it also offers credit cards[1] and other financial services.

Membership[edit]

As with all credit unions, membership in Pentagon Federal Credit Union is limited to individuals sharing the common bond defined in its credit union charter. The field of membership at Pentagon Federal Credit Union is:

Competition[edit]

Pentagon Federal is among a few financial services companies which specialize in serving the military—it competes with other military credit unions, like Navy Federal Credit Union, as well as with some large banks including Bank of America-Military Bank and USAA.

Locations[edit]

Branches are located in the Washington, D.C. area; Hawaii; New York; North Carolina; Texas; and at military bases in Guam, Japan, Portugal, Puerto Rico and Turkey.

Pentagon Federal operates three call centers, including Omaha, Nebraska,[2] Eugene, Oregon, and Puerto Rico.

In 2003, Pentagon Federal joined Allpoint, a surcharge-free network of automated teller machines.[3]

References[edit]

External links[edit]