PenFed Eugene is dedicated to making a positive impact in the Eugene community.
The credit union has a strong commitment to community development and financial education.
PenFed Eugene has partnered with local organizations to provide financial education and counseling to low-income families.
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PenFed Eugene News
PenFed's Eugene Service Center employees have completed an impressive 2,420 volunteer hours since the center's founding in 1996.
This dedication to giving back to the community is truly inspiring, and it's clear that the employees are committed to making a positive impact.
PenFed has donated a total of $603,330 to charity since 1996, with the first quarter of this year being no exception.
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Credit Union Workers' Dilemma
More than 100 workers at the Pentagon Federal Credit Union in Eugene are facing an impossible choice: relocate to Texas or find a new job.
The company, also known as PenFed, is consolidating departments and moving many workers from Oregon and Virginia to San Antonio, Texas.
Employees in Eugene's information technology department and those under the mortgage umbrella are being affected, with some mortgage jobs being relocated to Frisco, Texas.
The Eugene building is being cited as being over capacity, with a lack of parking and employees being located far from managers as reasons for the change.
Employees who received relocation notices are feeling forced to make a difficult decision, with one worker describing it as "being shoved out" if they can't or don't want to move to Texas.
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Community Support
PenFed Eugene News is proud to be a part of the Eugene community, and we're committed to giving back.
We have a strong partnership with local organizations that share our values, such as the Eugene Chamber of Commerce and the Lane County Credit Union.
Our employees volunteer their time and talents to support local causes, including the United Way and the Boys & Girls Clubs of Lane County.
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We're also a big supporter of local businesses, and we've been recognized for our efforts to promote economic growth and development in the area.
PenFed Eugene News has a long history of community involvement, dating back to our founding in 1935.
We're proud to have been a part of so many community events and initiatives over the years, and we look forward to continuing our support in the years to come.
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PenFed Eugene's Philanthropy
PenFed Eugene's Philanthropy is truly something to be proud of. The Eugene Service Center has donated a whopping $603,330 to charity since its founding in 1996.
In the first quarter of the year alone, PenFed made a significant impact by donating $20,000 to local charities. This includes Court Appointed Special Advocates, United Way, and Ophelia's Place.
The employees of PenFed Credit Union are clearly dedicated to giving back to their community, with 2,420 volunteer hours completed as of this month.
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Frequently Asked Questions
Is PenFed a good credit union?
Yes, PenFed is a reputable credit union offering competitive interest rates on savings and certificates, but be aware of early withdrawal penalties for CDs.
Who is PenFed affiliated with?
PenFed is affiliated with the National Credit Union Administration (NCUA), a US government agency that regulates and oversees federal credit unions.
What states have PenFed Credit Union?
PenFed Credit Union is available in Virginia, Nebraska, Texas, Oregon, Maryland, Georgia, Puerto Rico, and Pennsylvania. Members can access their accounts and services in these states.
Where can I deposit cash for PenFed Credit Union?
You can deposit cash at a full-service PenFed ATM or a non-PenFed ATM, but be aware that non-PenFed ATMs may have different deposit limits. Use our ATM Locator to find a deposit-capable ATM near you.
What credit score is needed for PenFed?
To be approved for a PenFed credit card, you'll need a credit score of 700 or higher. If you've received a pre-approved offer, your credit profile likely meets the requirements.
Sources
- https://www.registerguard.com/story/news/2019/07/13/penfed-credit-union-workers-in/4701077007/
- https://www.prnewswire.com/news-releases/penfed-credit-union-donates-20-000-to-eugene-charities-301342335.html
- https://www.prnewswire.com/news-releases/penfed-credit-unions-eugene-service-center-announces-20-000-donations-to-local-charities-301278265.html
- https://betterbanks.org/content/13688
- https://www.cuinsight.com/press-release/penfed-credit-unions-eugene-service-center-announces-20000-donations-to-local-charities/
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