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PENFED Credit Union

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Stay Far Far Away!!! - Anonymous employee PENFED Credit Union Employee Review

1.0
Apr 9, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good PTO hours...yeah that's about it.

Cons

This company has honestly become a joke! What used to be a great place to work became unbearable and discouraging in all ways possible. Thanks to the new CEO and his executive team who will walk all over you if you're in a management or lower position. For the past couple years PenFed has been vastly hiring directors and senior managers, who sit behind closed doors in "meetings" all day while the lower level employees work their butts off to keep the department going and aren't even being appreciated or fairly compensated. You may be doing 10 things right and no one, especially the senior management, will acknowledge it. You do 1 thing wrong and you will hear it from the whole chain of command. They love to point fingers and throw you under the bus. The only reason I stayed at PenFed for as long as I did was because of the few great colleagues I worked with. As far as the executive team...it's the worst at its best! If you have zero self respect, tolerance for vulgar executives and like to work federal holidays, this place is for you. Otherwise, please stay far far away!!!

Explore other reviews about PENFED Credit Union

5.0
Mar 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Awesome place and people - complex and large finance operation and balance sheet yet still small enough to make an impact and build up solutions from the ground floor - creative place!

Cons

Sometimes can be stretched for more resources

2.0
Mar 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Great staff and middle management. Good benefits and facilities.

Cons

Upper Management - same tune as all the other reviews. This place is full of great people who don't know they are great. It's also full of bad leaders who think they are great. Unfortunately, the best performers are often rewarded with carrying the burden of underperformers and non-contributing leaders. In certain teams there is very limited in upward mobility. They are slow to weed out low performers and ineffective managers. All in, strong performers and high achievers might find this place frustrating. This is a place for those who like to coast through.

3
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PENFED Credit Union Response
3mo
Thank you for sharing your feedback. We appreciate your recognition of our people and benefits, and we value input that helps inform us of our ongoing improvement efforts. We wish you the best in your future endeavors.
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