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PENFED Credit Union

Engaged Employer

PENFED Credit Union reviews

3.3

58% would recommend to a friend

(1,037 total reviews)
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James Schenck

58% approve of CEO

51% positive business outlook

PENFED Credit Union has an employee rating of 3.3 out of 5 stars, based on 1,037 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PENFED Credit Union employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
4.0
Sep 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Decent people who are all in misery. Misery loves company.

Cons

No career growth, no promotions. Management leads by intimidation and likes to think that nothing is wrong with the company. Turnover is high, complaints are high. The average mortgage processing time is 5-6 months, people always complain. CFPB and NCUA will likely shut this company down in 5 years for the terrible way it is run. Dumpster fire, run don't walk away from this company. All the good employees do their year of employment and get out.

1.0
Sep 10, 2017
Recommend
CEO approval
Business Outlook

Pros

Benefits, 401K, Vision/Dental plans, Healthcare, additional healthcare coverage which can be deducted from pay. Pay itself is reasonable. Accrued sick/vacation time.

Cons

Management, members, flexibility, favoritism, no holidays off except two. Seriously what Bank is open on holidays? Vacation/sick time is hard to come by. The motives of the company altogether are completely scrambled. Everything about PenFed does not make sense, the company is quite confused.

Viewing 862 - 864 of 1,037 Reviews

Glassdoor has 1,140 PENFED Credit Union reviews submitted anonymously by PENFED Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if PENFED Credit Union is right for you.