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PENFED Credit Union

Engaged Employer

Potential to be great, but currently subpar - Member Service Representative PENFED Credit Union Employee Review

2.0
Aug 31, 2015
Recommend
CEO approval
Business Outlook

Pros

Good 401 (k) matching program and they give you 21 personal days off a year plus sick time (you do use these for holidays such as July 4th and Labor Day).

Cons

I currently work as a Member Service Representative at the Omaha service center, aka OSC4. The management out there is subpar, as the manager, after hiring you, will hardly ever speak to you and only acknowledges your existence in a walk by as your on the phone each day. They also expect you to multi-task WAY too much, keeping track of everything that you sell as well as daily loan logs, and constant email flow. The MSR's are only allowed two, 10 minute breaks a day, with an optional 1 hour lunch, which most of the time you only get 30 minutes because the call volume dictates everything. You are also micromanaged to T, and if you are a minute off on your 10 minute break, you will get scorned. The sales first atmosphere is also getting to a point of being ridiculous, mostly because the MSR's are expected to sell quite a bit, and hardly given any commission for it, as before this last commission special for checking accounts, you were only given a $15 gift card for having the most credit card applications, which is a complete joke. Also, the starting salary of MSR's is only about $13.50, which in my opinion, for the work we do, we should be getting paid at least $15/hour, as we bring in quite a bit of revenue from selling loans as well as knowing a little of every departments duties.

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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