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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
Oct 11, 2015

Director

Recommend
CEO approval
Business Outlook

Pros

Very casual work environment. Growth oriented strategy with coaching provided. Many long term, dedicated employees. Great location near Old Town, Alexandria. Free parking.

Cons

Great CEO, but horrible senior management. They are chasing away their good employees. No system of evaluation for managers exists except a ridiculous system called Survivor Island where Executives discuss managers who never receive feedback. Pathetic.

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.

Viewing 994 - 996 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.