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PenFed Credit Union

Member-owned, helping our 2.9 million members achieve their goals through great rates and superior service since 1935.

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Overview

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, but also to encourage. We exist to usher their dreams into the land of reality.

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions serving 2.8 million members worldwide with $30 billion in assets. We offer a wide range of financial services helping you with loans, savings and credit cards. We serve members in all 50 states and the District of Columbia, as well as Guam, Puerto Rico and Okinawa. Best of all, everyone is eligible to apply to be a member of PenFed. We are federally insured by NCUA and an Equal Housing Lender. PenFed Credit Union was founded as the War Department Federal Credit Union to serve civilian employees of the U.S. Department of War, later became Pentagon Federal Credit Union, and expanded to serve all Department of Defense employees and their families nationwide. Its offerings include checking, savings, certificates, IRAs, Visa credit cards, auto, personal, student and business loans, conventional, FHA, VA and jumbo mortgages, home equity lines of credit, and wealth management. Members have access to more than 85,000 fee-free Allpoint and Co-op ATMs, a mobile app, a car buying service powered by TrueCar, and member discounts on travel, moving and home improvement.

The affiliated PenFed Foundation for Military Heroes helps veterans transition to civilian life, and the credit union also supports communities through financial literacy programs, volunteer service and donations. To learn more about PenFed Credit Union, check out our Life, Jobs and People sections here on LinkedIn, visit PenFed.org, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Check out our Careers at careers.penfed.org. We are proud to be an Equal Opportunity Employer!

Latest videos from PenFed Credit Union on YouTube

  • International Credit Union Week 💙
  • ⚾️ 🏈🏀Texas A&M Athletics 🤝 PenFed
  • The countdown to Fall Fest is officially ON! 🎃
  • There's a new addition to our everyday essentials.
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Recent posts from the PenFed Credit Union blog

PenFed Credit Union FAQ

As of 2026-10-19, PenFed Credit Union has 2,047 employees, based on the Enrich Layer count of person profiles that list PenFed Credit Union as their current employer. Its listed company size band is 1,001 to 5,000.
As of 2026-10-19, PenFed Credit Union is headquartered in McLean, Virginia, US.
PenFed Credit Union was founded in 1935.
As of 2026-10-19, PenFed Credit Union is classified in the Financial Services industry.
Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, but also to encourage. We exist to usher their dreams into the land of reality.
As of 2026-10-19, PenFed Credit Union's official website is http://www.penfed.org/.