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PENFED Credit Union

Engaged Employer

Glassdoor made me put one star. It should be zero. - Anonymous employee PENFED Credit Union Employee Review

1.0
Sep 5, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Hourly rates are relatively competitive, even if men make $10/hour more than women for the same job. My teammates were some of the most brilliant, resilient, creative and collaborative partners I could have asked for; they shine in spite of awful management. I truly can’t think of a positive without a negative caveat. We’ll get to that below.

Cons

PenFed is the most toxic, traumatizing place I have worked in my career. “Leadership” is a small group of like-minded men who arbitrarily move the goalposts of success to make themselves look good, pinch pennies or both. Your good work will be overshadowed by some VPs conviction that a word in a presentation is wrong, or it doesn’t “look like” what competitors are doing; that can be enough to have you personally degraded in a group setting. It’s beyond inappropriate. IF YOU ARE HIRED AS A CONTRACTOR WITH ANY DANGLING HOPE OF CONVERTING TO FULL TIME THEY ARE LYING TO YOU. They will push you to work long hours and lie about it in the interest of being a “team player.” It’s exploitative and illegal. You won’t be treated like a human being.

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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