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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
2.0
Jan 11, 2013

Miserable experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Paid sick and vacation pay. Yearly christmas bonus. Yearly raise based can be earned if you pass two reviews.

Cons

Employees are overworked, under-trained and the last to know of changes. Customers get angry, and it's very hard to not agree with them. Very clique-ish environment in management. Management is incompetent and will throw their representatives under the bus when they are forced to take an escalated call. I was promoted to another department, where individuals who had been the department for years, with excellent degrees, were overlooked for promotion within the department. Incompetent, new or outside individuals were promoted instead. A complaint regarding this issue was raised to the CEO, Frank Pollack. Frank simply dismissed the issue saying that it was necessary for some people to be promoted to jobs that they knew nothing about. Jobs are assigned to departments that have absolutely no idea how to handle them. East coast branches are given preferential treatment including catered lunches and early release time. Whenever a slight weather issue arises, they are allowed to leave early. Between the management, angry customers and other employee behavior, I was miserable and dreaded going to work ever single day.

3.0
Oct 24, 2012

MSR department ok, DCC was horrible

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits, lots of opportunities to advance and most managers are helpful and professional

Cons

I got stuck in a department with bad management and was not allowed to change positions, it was terrible,

1.0
Aug 31, 2012
Recommend
CEO approval
Business Outlook

Pros

Tuition assistance and I can say stability.

Cons

Two most prominent are 1: advancement are difficult to attain as a minority and as an internal employee. 2. Diversity is needed ( 5-1 ratio on management ). No need to paint you a picture just mentioning these 2 alone, you can kinda visualize the atmosphere here. Lack of employee growth and hire majority of management from the outside. It's pretty self evident that they do not promote minorities, facts are facts (5-1 ratio) .

Viewing 1030 - 1032 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.