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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
3.0
Dec 30, 2023

Layoffs 4 years in a row

Recommend
CEO approval
Business Outlook

Pros

Co-workers are great, friendly environment

Cons

There is no job safety at Penfed. They did layoffs again last month. 4 years in a row now. Great job for needing money now but not a job to count on longterm.

2.0
Sep 8, 2023

Unorganized company. Horrible management.

Recommend
CEO approval
Business Outlook

Pros

The buildings are nice, mostly..

Cons

Upper management is turning PenFed into a chop shop… amenities such as security is cut, technology sucks and vendors are picked based on kickbacks/benefits to the executives. meanwhile the executive team cruises around on a private jet, while laying off employees.

Viewing 136 - 138 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.