PenFed Credit Union named a “Best for Vets” employer for fourth time in a row by Military Times

PenFed recognized for recruitment, retention and workplace practices supporting military employees

SAN ANTONIO, VA (November 14, 2022) — PenFed Credit Union, the nation’s second-largest federal credit union, today announced for the fourth year in a row it was selected by the Military Times as a “Best for Vets” employer. “Best for Vets” is a sought-after distinction awarded by Military Times to organizations with outstanding programs and policies that support veterans’ post-military careers.

“PenFed is proud to have our commitment to the military community recognized by the Military Times once again this year,” said PenFed President/CEO and PenFed Foundation CEO James Schenck. “We will continue to select individuals with the skills, experience, leadership and passion for service that veterans, caregivers and military spouses bring to the workplace.”

 As part of an ongoing commitment to hiring and supporting the military community, PenFed operates a Military Employment Program focused on every phase of the employment lifecycle for all members of the military community – including veterans, military and spouses, wounded warriors and their caregivers, Reservists and National Guardsmen.

 PenFed continues to collaborate with military employment organizations, as well as installation Transition Assistance Program offices, to enhance military employment efforts. Members of the military community interested in a career with a military-friendly company are encouraged to visit PenFed’s Military Recruiting Webpage. This webpage allows members of the military community to join PenFed’s military talent community and search for jobs based on their skillsets and experience using a Military Occupational Specialty code.

 PenFed has a strong legacy of being a military-friendly company and donates up to 2% of its annual net income to charitable organizations, with the majority going to military charities. The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, was created in 2001 and, since then, has provided more than $40 million in financial support to veterans, active-duty service members, families and caregivers.

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 nearly $34.6 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 X. 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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