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PENFED Credit Union

Engaged Employer

PENFED Credit Union reviews

3.3

58% would recommend to a friend

(1,038 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 1,038 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
Jul 9, 2017

Run

Recommend
CEO approval
Business Outlook

Pros

Coworkers are the best part of PenFed. Unfortunately once the old CEO retired it's been all downhill. We are swamped with work and never appreciated.

Cons

New CEO!! He knows how to spend profits on new buildings and fancy branches but the day to day operations have all gone downhill

3.0
Apr 25, 2017

Don't even bother

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people! Penfed is the most diverse place I've ever worked for. They help you get through the tough days.

Cons

The disrespect in this place was horrible! It was like a scene out of" Matilda". There were people crying during work hours and stressed from the verbal abuse that was dished out almost daily from the Penfed Trunchbull. The level of self doubt and disgust my collages and I felt was high for a company that says they "care" about their employees. Those who screwed up were promoted to a director level (which for some reason doesn't require a college degree) or kept as an employee because why not?! There were two ways a person could get fired 1)they literally grabbed someone by the...well you know...or 2) Penfed pushes you out by making your work life hell.

1.0
Jan 10, 2016

I left without another job

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Colleagues; some small banking perks being instituted (discount on loans, etc).

Cons

Terrible departmental leadership, depending on your department--mine was bad enough I quit without another job. Poor communication within and among departments.

Viewing 43 - 45 of 1,038 Reviews

Glassdoor has 1,141 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.