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PENFED Credit Union

Engaged Employer

Run away!!! Horrible company!!!! - Director PENFED Credit Union Employee Review

1.0
Oct 12, 2017
Recommend
CEO approval
Business Outlook

Pros

Occasional free food and snacks and a number of middle managers trying hard to do the right thing, in spite of incompetent senior executives.

Cons

CEO cares only about himself and his travel schedule. With a ridiculously weak Board of Directors, there is no check on the utter incompetence and malevolence of the Executive Team. This organization likes to make believe that they care about veterans, but they don’t, using them as mere props. They certainly don’t care about employees who are overworked and underpaid. Can you imagine having to take a vacation day for Thanksgiving or Christmas?? If a study were ever conducted on how not to run an organization, PenFed would be the poster child. Do yourself a favor and work somewhere else. You will be glad you did.

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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