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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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Log in to PenFed Online and click the Account Actions tab at the top. In the Statements & Documents section, click Statement Delivery Preference. Enter your preferences (paper or electronic delivery) for the available statements, documents, and alerts, and then click Save.
Established in 1935, PenFed today is one of the country's strongest and most stable financial institutions serving 2.5 million members worldwide with $31 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, and Okinawa.
PenFed is among a few financial services companies that specialize in serving the military\u2014it competes with other military credit unions, such as Navy Federal Credit Union, as well as with some large banks, including Bank of America-Military Bank and USAA.
PenFed membership is open to everyone, including you.
Bottom Line. PenFed is a solid banking option for anyone with ties to the government or the military. They offer solid APYs on most accounts and low fees and minimums. You'll have a number of account options, and it's easy to withdraw and deposit money into most accounts.
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People also ask

As of 2022, PenFed is the second-largest federal credit union in the nation, with $32.5 billion in assets and more than 2.6 million members.
Board of Directors. James Schenck is President & CEO of PenFed Credit Union, America's second-largest federal credit union. Since James became CEO in April 2014, PenFed has: More than doubled membership from 1.3 million to 2.8 million.
You can login to PenFed Online anywhere now on PenFed.org. Simply enter your username at the top right corner of any page and click login.
Yes, PenFed Credit Union is a legitimate credit union federally insured by the National Credit Union Administration. It has a high rating in trustworthiness from the Better Business Bureau and offers a variety of financial products outside of loans.
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....Pentagon Federal Credit Union. TypeCredit unionWebsitepenfed.org8 more rows

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