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PENFED Credit Union

Engaged Employer

PENFED Credit Union reviews

3.3

58% would recommend to a friend

(1,038 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 1,038 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
1.0
May 19, 2017

WELCOME TO HELL

Recommend
CEO approval
Business Outlook

Pros

None - Coworkers enjoy partaking in office politics, they will say one thing to your and the next about you.

Cons

**** DISCLOSURE: Every positive review here is misleading and inaccurate; PLEASE LOOK AT THE MAJORITY OF REVIEWS to see Penfed's true nature. ************* Everything about Penfed is hell - I have never worked for such a company that treats its employees like this. Coming into work is dreadful and I regret ever taking this job. List of negatives: 1. Manager is unprofessional and will throw you under a bus to save his/her self. 2. You are expected to work holidays, if you do not show up on a holiday to work, you will be written up. 3. You will be expected to take one various, if not outlandish, duties and responsibilities that were not in the "job description". 4. Turnover rate is high; just look at the job postings. 5. There is no career growth here 6. The executive "execution" team is looking to change the place, but as to what that is, it is yet to be decided. 7. The COO sued her own family and slivered her way up into the hierarchy (Caution: Do not be surprised if s/he ousts the CEO, in the near future). 8. When asked why branches would be opened on holidays, you are told that it is a "bank holiday" yet; even banks are closed - so there is lack of consensus and logic. 9. Everyone in the branches is either tired or will be soon. 10. There is no work/life balance 11. I hear that similar issues are rampant in other departments of the company, such as IT, mortgages, etc. ************ SO words of caution: EXHAUST ALL OTHER OPTIONS BEFORE TAKING ANY OFFERS FROM PENFED. *************

3.0
May 12, 2017
Recommend
CEO approval
Business Outlook

Pros

There are lots of great people who care about each other. You can build great friendships at the lower levels in the organization.

Cons

Politics, pettiness, cheap, no career training, no opportunity for advancement (but that might be good because the higher you go the worse it is to work here)

4.0
May 11, 2017

Great Company - Growing Pains

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are many opportunities to make meaningful impacts

Cons

Need additional resources to complete projects.

Viewing 898 - 900 of 1,038 Reviews

Glassdoor has 1,141 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.