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      PENFED Credit Union

      Engaged Employer

      PENFED Credit Union reviews

      Used to be great - Anonymous employee PENFED Credit Union Employee Review

      1.0
      Apr 23, 2017
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      I worked for PenFed for 3+ years. When I first started, it was great! Everyone was working together, the morale was high but now things are going down hill and a lot of people are leaving. The only pros left are decent pay, end of year bonuses, and once a year raises.

      Cons

      Morale is very low. Management does not listen to suggestions from employees. Overtime is becoming a standard. Rewards have been taken away. Systems are completely out dated. There are openings for promotions, but the standards to promote have changed and are much more difficult to meet.

      Explore other reviews about PENFED Credit Union

      5.0
      Mar 25, 2026
      Sr director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Awesome place and people - complex and large finance operation and balance sheet yet still small enough to make an impact and build up solutions from the ground floor - creative place!

      Cons

      Sometimes can be stretched for more resources

      2.0
      Mar 16, 2026
      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great staff and middle management. Good benefits and facilities.

      Cons

      Upper Management - same tune as all the other reviews. This place is full of great people who don't know they are great. It's also full of bad leaders who think they are great. Unfortunately, the best performers are often rewarded with carrying the burden of underperformers and non-contributing leaders. In certain teams there is very limited in upward mobility. They are slow to weed out low performers and ineffective managers. All in, strong performers and high achievers might find this place frustrating. This is a place for those who like to coast through.

      3
      avatar
      PENFED Credit Union Response
      3mo
      Thank you for sharing your feedback. We appreciate your recognition of our people and benefits, and we value input that helps inform us of our ongoing improvement efforts. We wish you the best in your future endeavors.
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