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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
Mar 21, 2024
Recommend
CEO approval
Business Outlook

Pros

Kind of remote. use to have a good salary, but they decided to cut our salary while managers still get to make 120k not producing loans.

Cons

Leads are non existent. Changes will be made to processing/ loan products once a month. Youll get micromanaged beyond your control out of your day. And youll do all of this to get paid pennies on the dollar compared to other lenders.

2.0
Feb 19, 2024

Used to be great

Recommend
CEO approval
Business Outlook

Pros

Good starting place to work

Cons

Upper management does not care about members or staff.

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PENFED Credit Union Response
2y
We appreciate your time and consideration to leave a review.
3.0
Jan 29, 2024

Read this

Recommend
CEO approval
Business Outlook

Pros

Decent benefits, good work life balance and supporting management dependent on what mortgage department you land in

Cons

Layoffs layoffs layoffs and more layoffs over the past few years Townhalls and upper management’s words of promises is to be taken with a grain of salt. Keep your resume ready and updated.

Viewing 133 - 135 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.