PenFed Credit Union

United States
PenFed Credit Union is operated as a financial institution offering banking services.

About PenFed Credit Union

PenFed Credit Union is a company based in United States. It operates as a Professional Services. PenFed Credit Union has completed 1 acquisition, including WHITE64. PenFed Credit Union offers products and services including Auto Loans, Credit Cards, Mortgage Loans, Checking & Savings, and Home Equity Loans. PenFed Credit Union operates in a competitive market with competitors including TDECU, Gesa Credit Union, Simmons Bank, Idaho Central Credit Union and Truliant Federal Credit Union, among others.

  • Headquarter United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pentagon Federal Credit Union
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of PenFed Credit Union

PenFed Credit Union offers a comprehensive portfolio of products and services, including Auto Loans, Credit Cards, Mortgage Loans, Checking & Savings, and Home Equity Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Auto loans are provided for vehicle purchase financing.

Credit cards are offered with various reward programs.

Mortgage loans are available for home purchase financing.

Banking accounts are provided for personal financial management.

Home equity loans are offered for property owners.

People of PenFed Credit Union
Headcount 1000-5000
Employee Profiles 344
Employee Profiles
People
Vikram Israni
Senior Director Finance Transformation
People
Ankit Kamboj
AEM Content Author | Adobe Target | Analytics
People
Samiur Rahman
Mortgage Loan Advisor
People
Chris Nerz
Manager Fraud Product And Solutions

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Funding Insights of PenFed Credit Union

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by PenFed Credit Union

PenFed Credit Union has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WHITE64. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Strategy, branding, advertising, design, and diversified services are provided.
1964
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PenFed Credit Union

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Penfed Credit Union Comparisons

Employees
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Competitors of PenFed Credit Union

PenFed Credit Union operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TDECU, Gesa Credit Union, Simmons Bank, Idaho Central Credit Union and Truliant Federal Credit Union, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides checking, savings, loans, credit cards, and mortgages to members.
domain founded_year HQ Location
Urban credit union
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
ICCU offers checking accounts, savings, loans, credit cards, and online banking services.
domain founded_year HQ Location
Provider of financial products including checking, savings, loans, and insurance
domain founded_year HQ Location
Provides banking, loans, investments, and rewards for individuals and businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Penfed Credit Union

Frequently Asked Questions about PenFed Credit Union

Where is PenFed Credit Union located?

PenFed Credit Union is headquartered in United States.

What does PenFed Credit Union do?

PenFed Credit Union is managed as a member-owned financial institution providing a wide range of services including checking and savings accounts, auto loans, credit cards, mortgages, and home equity loans. Operations are focused on supporting personal and family financial needs across various sectors. Solutions are tailored for diverse customer bases within the United States, with additional support for military personnel through VA loans.

Who are the top competitors of PenFed Credit Union?

PenFed Credit Union's top competitors include Simmons Bank, Truliant Federal Credit Union and Gesa Credit Union.

What products or services does PenFed Credit Union offer?

PenFed Credit Union offers Auto Loans, Credit Cards, Mortgage Loans, Checking & Savings, and Home Equity Loans.

How many acquisitions has PenFed Credit Union made?

PenFed Credit Union has made 1 acquisition, including WHITE64.

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