Established in 1935, PenFed is one of the largest credit unions in the country serving nearly 1.3 million members worldwide; with more than $18.5 billion in assets. PenFed offers market leading mortgages, automobile loans, credit cards, checking, and a wide range of other financial services with its members
As a full-service financial institution, PenFed offers market leading mortgages, credit cards, checking, and a wide range of other accounts with members' interests always in mind. A popular savings plan is the Coverdell Education Savings Certificate to help you plan for qualified elementary and secondary education as well as college education expenses with tax-free earnings. PenFed also provides loan product options for your home equity, education, personal and vehicle loans. Additional member benefits include advice and financial education centers as well as discounts on certain home, auto, retail, personal, and finance-related products and services.
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Avoid PedFed at all costs. For your own sanity, in addition to your pocket book. Read Consumer Ratings and BBB gives you a TRUE rating. Do NOT be fooled. Save yourself time, $, grief... etc. This company does NOT care about you or your close out date. Customer Service is a lost art.