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Pentagon Federal Credit Union

Pentagon Federal Credit Union
Company typeCredit union
IndustryFinancial services
Founded1935 (1935)
Headquarters7940 Jones Branch Drive, McLean, Virginia, United States
Number of locations
50
Area served
Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, the Veterans of Foreign Wars and their families
Key people
Edward B Cody, Board of Directors Chairman
James Schenck, President and CEO
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments
Websitepenfed.org

Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, 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 $25 billion and more than 1.8 million members as of July 2018.

In addition to a variety of loans, savings, and deposit accounts, PenFed also offers credit cards[1] and other financial services.

  1. ^ "New rules won't affect all credit cards the same way Card issuers warn of high fees under new law, but credit unions largely unaffected". Marketwatch. May 26, 2009. Retrieved 2009-11-16.