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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
1.0
Mar 13, 2023
Recommend
CEO approval
Business Outlook

Pros

The pay and benefits are decent Some managers are amazing and do everything in their power to help you succeed

Cons

-The system issues are insane. Reviews tried to warn me and I thought they were exaggerating but they are not. The members call in so angry about the online system and app not working, and you have to take the brunt of it. IT is just as stressed as customer service is -When they are understaffed, managers pressure employees not to use their personal time for restroom breaks due to the call volume -Managers are allowed to make their own metrics for employees that are more strict than the company's metrics -The PTO is divided into sick time and personal, and you absolutely cannot exchange the two and can only use it in increments of 15 min but you don't accrue it in increments of 15. You will have leftover PTO that's hard to work into usable time off -You get paid in 15 min increments and not minute for minute -You need to start signing in at least 10 minutes before your shift starts because it takes that long to log in sometimes but you don't get paid for it -Some managers are very close to upper management and if you get stuck with a micromanager, there is really no one willing to help you - pretty standard for call center environments -Different call centers get different perks, they are not all universal

1.0
Nov 10, 2022
Recommend
CEO approval
Business Outlook

Pros

As long as nothing is on fire, the pace of life is pretty good.

Cons

Their IT department routinely has SEV 1 & 2s. Barely a week goes by without a SEV 1. Who operates like that? There are thousands of open items/defects/bugs/issues. Again who operates like that? Next to nothing is documented about their software or IT infrastructure. PF is WAY to over reliant on south Asian contractors who come cheap and turn over regularly. The staff aug guys mostly come from partners who also do project work so they’re often undermining you to your leadership which is a colossal conflict of interest. There are people making IT & software architecture decisions who can’t even spell IT and thus there are host of systems cobbles together in non-best practice ways and of course the guy who built the system and didn’t document it left and so has his replacement so no one knows how things work, so other departments are often blaming you/your team for stuff that you have to debug back into someone else’s spaghetti code. They’ll report record earnings, payout half the bonus early and than have layoffs. So not cool to blindside people. Unless you’re desperate, look someplace else.

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PENFED Credit Union Response
3y
Thank you for your valuable feedback. We are committed to ensuring that we strategize and walk through each change with safety and soundness and consideration for our employees. We support impacted employees during their transition and treat them with respect and care.
2.0
Nov 3, 2022
Recommend
CEO approval
Business Outlook

Pros

Pay is fair, benefits fair, work from home.

Cons

Upper management that came from USAA ruined PENFED. They need to remove all USAA UPPER MANAGEMENT. Too much politics and yes SIR management to directors. Directors do not want to be challenged on their BAD ideas!

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PENFED Credit Union Response
3y
We support impacted employees during their transition and treat them with respect and care. Please consider your HR Business Partner to be your advocate during this transition.
Viewing 142 - 144 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.