July 31, 2021

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PenFed Credit Union Announces $20,000 Giveaway Winner | State

TYSONS, Va., April 2, 2021 / PRNewswire / – PenFed Credit Union, the second largest federal credit union in the country, announced today Richmond Residents Bethany Edmonds as the winner of one last $ 20,000 Contest. Edmonds, a human resources manager for the company, plans to use the money to pay for a destination wedding Belize later that year and to repay their car loan.

“That was unexpected, but wonderful,” said Edmonds. “I’ve been a PenFed member since 2017 and saw the competition advert online when I was paying my car loan. I signed up and completely forgot about it. When I later heard the news that I was the PenFed winner.” $ 20,000It absolutely made my day. In this way, my fiancée and I can have experiences that would otherwise not be possible or would have to be delayed. “You can watch an interview with Edmonds Here.

All that have been approved for PenFed car loans between 1st December 2020 by January 31, 2021 were entered to win automatically. Others, such as Edmonds, applied online through the contest website advertised at PenFed.orgvia media and online channels. The competition received over 115,000 entries.

“Not only does PenFed offer competitive new and used car loan options, but they are excited to bring such fun benefits to our members $ 20,000 Giveaway, “said PenFed’s chief marketing officer Gaurav Bhatia. “As a member-owned credit union, the financial well-being of our members is our number one priority. After a year of challenges, we couldn’t be more pleased to offer Bethany the opportunity to repay her car loan at no cost and at no cost to help you pay for her wedding in Belize. “

PenFed’s new car loan rates are only * 1.39% of the annual percentage with the PenFed qualified member car purchase service.

Prices and offers are valid from March 1st, 2021 and are subject to change.

* Your actual APR is determined at the time of withdrawal and is based on your application and credit information. The stated interest rates assume an excellent creditworthiness of the borrower. Not all applicants qualify for the lowest price. The interest rate that you will receive on your loan is the interest rate in effect at the time the loan is paid out.

About PenFed Credit Union

The Pentagon Federal Credit Union (PenFed) was founded in 1935 and is America’s second largest federal credit union with 2.2 million members worldwide $ 27 billion in assets. PenFed Credit Union offers market leading certificates, checks, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services. Our mission is to empower members of our community to achieve their financial well-being. The PenFed Credit Union is insured nationwide by the NCUA and a lender for equal living conditions. To learn more about PenFed Credit Union, visit PenFed.orglike us on Facebook and follow us @PenFed on Twitter. Would you like to work for PenFed? Check us out on LinkedIn. We pride ourselves on being an equal opportunity employer.

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SOURCE PenFed Credit Union