September 28, 2021

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PenFed Credit Union Named ‘Top Veteran-Friendly Company’ by U.S. Veterans Magazine for Third Straight Year | State

TYSONS, Virginia, July 14, 2021 / PRNewswire / – PenFed Credit Union, the second largest government credit union in the country, announced today that it has been named for the third year in a row by US Veterans Magazine 2021 Top Veteran Friendly Company.

“PenFed is honored to be recognized by US Veterans Magazine for the third year running for our commitment to the military community,” said James Schenck, President / CEO of PenFed Credit Union and CEO of the PenFed Foundation. “We are proud to celebrate the resilience of veterans and military spouses here at PenFed. Veterans bring a wealth of skills and knowledge that are invaluable to our team, and as we grow we will continue our robust recruiting efforts within the military community. “

The annual review is an assessment of the military employment efforts of employers, initiatives, government agencies and educational institutions in the country. This unbiased study provides a valuable resource to job seekers, entrepreneurs, students, consumers, executives, business associations, employment agencies and consumer groups. PenFed’s performance will be published in the August / Fall 2021 print and online edition of US Veterans Magazine.

As part of an ongoing commitment to recruiting and supporting the military community, PenFed operates a military employment program that focuses on each stage of the employment life cycle for all members of the military community – including veterans, military and surviving spouses, wounded warriors and their caregivers, reservists and national guardsmen.

In addition to spending 10% of its recruitment budget on hiring and retaining veterans and military spouses, PenFed works with dozen of military employment organizations and dozen of Transition Assistance Program branches to enhance our military employment efforts. Members of the military community interested in pursuing a career with a military-friendly company are encouraged to visit PenFed Military recruitment website. This website enables members of the military community to join our military talent community and search for jobs based on their skills and experience with a military professional specialty code.

PenFed has a strong history as a military-friendly company, donating 2% of its annual net income to charities, with the bulk going to military charities. The PenFed Foundation, a 501 (c) 3 national foundation established by the PenFed Credit Union, was established in 2001 and has since provided more than $ 38.5 million in financial assistance to veterans, active service members, families and caregivers.

About PenFed Credit Union

Founded in 1935, the Pentagon Federal Credit Union (PenFed) is America’s second largest government credit union, serving 2.3 million members worldwide $ 28 billion in wealth. 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 state insured with the NCUA and an Equal Housing Lender. To learn more about PenFed Credit Union, visit, like us on Facebook and follow us @PenFed on Twitter. Would you like to work at PenFed? Visit us on LinkedIn. We pride ourselves on being an equal opportunity employer.

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SOURCE PenFed Credit Union