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PENFED Credit Union

Engaged Employer

Good company but be cautious - SR Specialist Loan Funder PENFED Credit Union Employee Review

4.0
May 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Good pay, good benefits, lots of volunteer opportunities, lots of employee engagement functions and they also include your families for some things.

Cons

There have been lots of layoffs in the time I was there. They are sudden and immediate when you get the notice. No time to figure out your next move. But they expect a two week notice when you want to exit the company.

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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