PenFed CEO joins fellow West Point alumni at NASDAQ

60 CEOs who graduated West Point attend NASDAQ closing bell ceremony

TYSONS, VA (November 12, 2015) — 60 CEOs who are alumni of the U. S. Military Academy at West Point converged on Wall Street for the closing bell ceremony at the NASDAQ in honor of Veterans Day.

PenFed President and CEO James Schenck said that the gathering was indicative of the key role that veteran hiring plays in corporate America. “The former Army officers attending the closing bell ceremony are a small representation of the former service members who hold key leadership positions in many businesses,” said Schenck.

The Veterans Day NASDAQ closing bell ceremony serves to spotlight the benefits of hiring veterans while bringing attention to needs of those who have served the nation. PenFed approaches veterans’ initiatives holistically. The credit union seeks out opportunities to hire veterans, and through its charitable arm, the PenFed Foundation, it focuses on assisting veterans, active/reserve personnel and their families. The foundation uses a range of financial programs designed to provide relief from financial hardship and follow up with educational and advisory tools to promote financial readiness.

Schenck says that those in the defense community, veterans and their families will remain a strategic focus of the foundation. “Anyone who has worn the uniform has paid their citizenship dues in full,” he said. When those heroes need heroes, it is the mission of the PenFed Foundation to be there to answer the call.”

About PenFed Credit Union

Established in 1935, Pentagon Federal Credit Union (PenFed) is America’s second-largest federal credit union, serving 2.9 million members worldwide with $35.3 billion in assets. PenFed Credit Union offers market-leading certificates, checking, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services with members’ interests always in mind. PenFed Credit Union is federally insured by the NCUA and is an Equal Housing Lender. To learn more about PenFed Credit Union, visit, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Check us out on LinkedIn. We are proud to be an Equal Employment Opportunity Employer.


Abagail Chambers
Account Coordinator
+1 724 366 0397

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