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PENFED Credit Union

Engaged Employer

Never again - Collections Specialist PENFED Credit Union Employee Review

1.0
Nov 24, 2020
Recommend
CEO approval
Business Outlook

Pros

Quick hiring process that was nice

Cons

Toxic environment, management makes moves to tear you down instead of building you up. It reduces the number of staff leaving certain departments. If you make a mistake you're not spoken to like an adult, instead you're scolded like a child. Quarterly review have left me with job performance review anxiety. Despite working collections, we're heavily "encouraged" to compete with our coworkers so we can get the dimes and nickels they call raises. The eugene center takes on the brunt of the work and regularly has to contend with that fix the errors made by other centers. I couldn't leave this company fast enough and I'm disgusted that its toxicity still affects me in my new company. A company who's management is absolutely disgusted with how lower tier employees are treated at PenFed.

Explore other reviews about PENFED Credit Union

5.0
Mar 25, 2026
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
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
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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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