Pentagon Federal Credit Union overview

Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, Virginia, chartered and regulated under the authority of the National Credit Union Administration.
The staff at Pentagon Federal Credit Union come from unusually diverse demographic backgrounds. The organization is 56.2% female and 40.9% ethnic minorities. Even though it has great demographic diversity, Pentagon Federal Credit Union notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 70.0%. Despite having coworkers who agree with each other about politics, employees at Pentagon Federal Credit Union tend to have relatively short tenures. Staff members usually stay with the organization for 2.6 years. The average employee at Pentagon Federal Credit Union makes $35,938 per year. In comparison, some of its highest paying competitors, like SP-TRIPLE-C, Boeing Employees Credit Union, and SchoolsFirst Federal Credit Union, pay $57,845, $46,914, and $42,711, respectively.
Based in Virginia, Pentagon Federal Credit Union is a key player in the finance industry with 2,479 employees and an annual revenue of $606.9M.

The Organization’s Mission

We strive to provide consistently Best-in-Class rates on car loans and home mortgages.

Industry

Finance

Revenue

$606.9M

Employees

2,479

Founded in

1935

Headquarters

McLean, VA

Website

penfed.org

Organization Type

Nonprofit

Is This Your Company?

The team at Pentagon Federal Credit Union

Key People
  • Edward Cody (Board of Directors, Chairman)
  • Kevyn Myers (VP)
  • James Schenck (ceo)
  • Bob Elliott (Manager)
  • Jim Kingsley (Executive Director)
  • Frank Pollack (CEO)

The Culture At Pentagon Federal Credit Union

Information provided by the company
The Berkshire Hathaway HomeServices network stands among only a few organizations entrusted to use the storied Berkshire Hathaway name, a name representing strength, integrity, trust and universal respect.

Pentagon Federal Credit Union Reviews

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2.0

Zippia UserNovember 2019

2.0

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Pentagon Federal Credit Union Rankings

Pentagon Federal Credit Union is ranked #41 on the Best Companies to Work For in Virginia list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Pentagon Federal Credit Union Salaries

How much does Pentagon Federal Credit Union pay?
The national average salary for a Pentagon Federal Credit Union employee in the United States is $35,938 per year. Employees in the top 10 percent can make over $62,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
9.5
Salary Score
Average Employee Earnings

Pentagon Federal Credit Union Salaries By Job Title

While Pentagon Federal Credit Union employees earn an average yearly salary of $35,938, different roles can command different wages. Some of the positions that earn high wages at Pentagon Federal Credit Union include Control Specialist, Internal Auditor, Credit Analyst, and Research Analyst. A typical Control Specialist salary at Pentagon Federal Credit Union is $64,918 per year. Other roles at Pentagon Federal Credit Union include Control Clerk and Teller. A Control Clerk at Pentagon Federal Credit Union earns an average yearly salary of $27,538.

Pentagon Federal Credit Union careers

On average, employees at Pentagon Federal Credit Union stay with the company for 2.6 years. Employees most commonly join Pentagon Federal Credit Union after leaving Wells Fargo. When they leave Pentagon Federal Credit Union, they most frequently get their next job at Navy Federal Credit Union.

Average Length of Employment

Pentagon Federal Credit Union

2.6 years
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Pentagon Federal Credit Union Financial Performance

9.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1935

Organization type

Nonprofit

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Pentagon Federal Credit Union Subsidiaries

Subsidiaries to Pentagon Federal Credit Union include SP-TRIPLE-C. Employees at the parent organization, Pentagon Federal Credit Union, earn $35,938 whereas employees at SP-TRIPLE-C earn $57,845, on average.
Company
Average Salary
SP-TRIPLE-C
SP-TRIPLE-C
$57,845
$58k

Pentagon Federal Credit Union Competitors

Competitors of Pentagon Federal Credit Union include SP-TRIPLE-C, Boeing Employees Credit Union, and SchoolsFirst Federal Credit Union. The wages at SP-TRIPLE-C average higher than the other similar companies, where the median salary is $57,845 per year. Employees at Boeing Employees Credit Union earn an average of $46,914 per year, and the employees at SchoolsFirst Federal Credit Union earn an average salary of $42,711 per year.

Frequently Asked Questions about Pentagon Federal Credit Union

When was Pentagon Federal Credit Union founded?

Pentagon Federal Credit Union was founded in 1935.

How many Employees does Pentagon Federal Credit Union have?

Pentagon Federal Credit Union has 2,479 employees.

How much money does Pentagon Federal Credit Union make?

Pentagon Federal Credit Union generates $606.9M in revenue.

What industry is Pentagon Federal Credit Union in?

Pentagon Federal Credit Union is in the finance industry.

What is Pentagon Federal Credit Union's mission?

Pentagon Federal Credit Union's mission statement is "We strive to provide consistently Best-in-Class rates on car loans and home mortgages."

What type of company is Pentagon Federal Credit Union?

Pentagon Federal Credit Union is a nonprofit company.

Who are Pentagon Federal Credit Union's competitors?

Pentagon Federal Credit Union competitors include Navy Federal Credit Union, Security Service Federal Credit Union, Digital Federal Credit Union, America First Credit Union, SchoolsFirst Federal Credit Union, Boeing Employees Credit Union, San Diego County Credit Union, PSECU, Tinker Federal Credit Union, Desert Schools Federal Credit Union, Tower Federal Credit Union, Randolph-Brooks Federal Credit Union, Service Credit Union, United Federal Credit Union, Kinecta Federal Credit Union, Golden 1 Credit Union, SP-TRIPLE-C, Landmark Credit Union, Wescom Credit Union, University Federal Credit Union.

Who works at Pentagon Federal Credit Union?

Edward Cody (Board of Directors, Chairman)

Kevyn Myers (VP)

James Schenck (ceo)

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You can find out what it is like to work at Pentagon Federal Credit Union, also known as PenFed Realty LLC, PENTAGON FEDERAL CREDIT UNION, Pentagon Federal Credit Union and PenFed Credit Union.

Zippia gives an in-depth look into the details of Pentagon Federal Credit Union, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pentagon Federal Credit Union. The employee data is based on information from people who have self-reported their past or current employments at Pentagon Federal Credit Union. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Pentagon Federal Credit Union and its employees or that of Zippia.