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PenFed Credit Union Partners with wear blue: run to remember to Honor Our Nation's Fallen Military Heroes on Memorial Day

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TYSONS, Va. and SEATTLE, May 24, 2021 /PRNewswire/ PenFed Credit Union, the nation s second largest federal credit union, today announced a partnership with
wear blue: run to remember, a national nonprofit building a community that honors the service and sacrifice of the American military through active remembrance. Together, on Memorial Day, they are joining the tens of thousands of surviving spouses, children, parents and siblings who still grieve the loss of a service member killed in combat operations to build a national living memorial dedicated to our nation s fallen military heroes.
Gold Star Child Joseph Milledge, Jr. carries a flag in honor of his father, U.S. Army Sgt. Joseph Milledge, Sr. ....

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PenFed Credit Union's Eugene Service Center Announces $20,000 Donations to Local Charities

PenFed Credit Union s Eugene Service Center Announces $20,000 Donations to Local Charities
Court Appointed Special Advocates, United Way, and Ophelia s Place are the Eugene, Oregon recipients of PenFed s first quarter donations
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EUGENE, Ore., April 27, 2021 /PRNewswire/ Today, PenFed Credit Union, the nation s second-largest federal credit union, announced $20,000 worth of donations to three local Eugene charities. PenFed employees in Eugene selected Court Appointed Special Advocates of Lane County, United Way of Lane County, and Ophelia s Place as the recipients of PenFed s first quarter donations in the region.
PenFed presents CASA with a $10,000 donation. From left to right: CASA Executive Director Heather Murphy, PenFed Director of Service Center Operations Tap Bowman and CASA Development Director Michele Morgan. ....

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PenFed Credit Union Announces Record Quarterly Mortgage and Consumer Lending Volume

PenFed Credit Union Announces Record Quarterly Mortgage and Consumer Lending Volume
America s Second-Largest Federal Credit Union Funds a Record $5.3 Billion in Mortgages and Consumer Loans during First-Quarter 2021
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TYSONS, Va., April 20, 2021 /PRNewswire/ PenFed Credit Union, the nation s second largest federal credit union, today released financials highlighting the strongest quarter in the institution s 86-year history. In first-quarter 2021, PenFed originated a record $3.00 billion in mortgage loans and a record $2.29 billion in consumer loans. Consumer loans include auto loans, credit cards, personal loans and refinanced student loans.
Helping our 2.2 million members do better financially is how we measure success, said PenFed President and CEO James Schenck. Making $5.3 billion worth of loan originations in the first quarter is the result of PenFed s value proposition of great rates for ever ....

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PenFed Credit Union Announces $20,000 Donations to San Antonio Charities

PenFed Credit Union Announces $20,000 Donations to San Antonio Charities
PenFed s San Antonio Service Center chooses three local non-profit organizations as the recipients of its first quarter donations.
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SAN ANTONIO, April 19, 2021 /PRNewswire/ Today,
PenFed Credit Union s San Antonio Service Center announced the recipients of its first quarter charitable donations. These donations, totaling $20,000, will be given to three San Antonio charities:
At PenFed, we believe we have both the opportunity and the responsibility to support the communities in which our members and employees live, said PenFed s Senior Vice President of the San Antonio Service Center Dave Silvey. That s why we are proud to announce these donations and highlight these three charities making San Antonio a better place. ....

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PenFed Credit Union CEO James Schenck and NCUA Board Member Rodney Hood Recognize 'Second Chance Month' with Visit to Darrell Alston, Formerly-Incarcerated Entrepreneur

PenFed Credit Union president and CEO James Schenck and The Honorable Rodney E. Hood,
Bungee Obleceni headquarters in Philadelphia to meet with founder and lead designer Darrell Alston. The purpose of the meeting was to recognize and discuss the ongoing challenges that convicted felons face in finding careers after finishing their sentences.
The White House named April Second Chance Month to raise awareness about the need for opportunities for convicted felons who wish to safely reintegrate into society. According to the proclamation,
600,000 individuals leave prison and re-enter their communities every year. PenFed, the nation s second-largest federal credit union, and NCUA, the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions, aim to carry out the credit union mission of people helping people. ....

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