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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
4.0
Aug 6, 2024
Recommend
CEO approval
Business Outlook

Pros

Great atmosphere Strong customer base Good leads Consistent inbound calls

Cons

High origination fee @ 1%! Very low base pay Weak commission structure 2 days per week in office when the job can be done better 100% remote

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PENFED Credit Union Response
1y
We appreciate your transparency. Thank you for taking the time to leave a detailed comment.
1.0
Aug 2, 2024

It used to be good

Recommend
CEO approval
Business Outlook

Pros

Co-workers are very nice but not management from VP level and up.

Cons

Director level and up are bad. They are damaging the old time PENFED. Laying off, hiring consulting, not investing into employee are signature at PENFED now.

2.0
Jul 31, 2024

No growth

Recommend
CEO approval
Business Outlook

Pros

Hybrid Easy Job No skills required On the job training

Cons

No growth Bad Management Micromanaging High turnover rate

Viewing 136 - 138 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.