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PENFED Credit Union

Engaged Employer

stop lying - Anonymous employee PENFED Credit Union Employee Review

1.0
Feb 15, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

So funny that PenFed hiring bots to vague praise how good the company is, how great and professional the culture they have, great work life balance such fake stuffs. These scripted, generic reviews are as fake as their so-called leadership, instead of wasting time on PR stunts, why can't focus on treating employees with respect and fixing the internal mess? because they don't care, hiring more and more unqualified leaderships, drain people and drive them out, dead end.

Cons

turn over rate higher than 50%, observed half of the department left due to toxic culture, new hires dont last 1 month of struggle, and leave quickly. No automatic merit increases, you have to beg the leadership for a 2% merit. People are trapped at junior levels for over 4 yrs and not qualified for a promotion! leaderships use economy recession to keep you silent when you beg a promotion or merit. The whole organization is filled with will of authority. Constantly changing directives from leadership result in a lot of wasted effort, be fooled as a clown is not a career.

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PENFED Credit Union Response
1y
We appreciate your transparency. Thank you for taking the time to leave a detailed comment.

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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