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PENFED Credit Union

Engaged Employer

Great until QA standards increased - MSR II PENFED Credit Union Employee Review

2.0
Jun 29, 2023
Recommend
CEO approval
Business Outlook

Pros

Good pay and benefits, work from home/ hybrid

Cons

We were asked to sign a form stating we needed to exceed or greatly exceed QA standards to keep working from home. "No problem" I thought, I've consistently been in that range for 1.5 years. Then the QA team gets incredibly nitpicky, and standards keep getting higher. Not to mention that now instead of having you graded on your own performance, your graded against everyone else, making it harder to exceed (they don't wanna give everyone the regular raises for doing well, just the best of the best of the best, so now works harder and you're less likely to be rewarded). Interest rates increase, we see increase calls, every townhall meeting brags about our growth and yet I haven't had a flat rate raise to match inflation since the prices of everything began hiking months ago. Members end up getting bounced around and there is not a lot of incentive to actually help because if you take longer than 12 minutes with them, it hurts your handle time which reflects poorly on you.

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PENFED Credit Union Response
3y
Thank you for taking the time to provide thoughtful and thorough suggestions!

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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