Pentagon Federal Credit Union is the second-largest federal credit union and has a history in serving members in the military and those who are affiliated with the military.
In choosing PenFed, you will have access to 51 physical locations; therefore, it's very likely that you will do the bulk of your banking online if you become a member.
The mobile app will let you accomplish numerous banking tasks whenever you wish, including setting travel notifications on your cards, depositing checks and paying bills.
You will also have ample access to free ATMs; PenFed makes available more than 65,000 free ATMs to members.
About Pentagon Federal Credit Union (PenFed)
Pentagon Federal Credit Union was established in Washington, D.C., in 1935 as the War Department Federal Credit Union. Now, PenFed is based in Tysons, Virginia, and serves more than 1.8 million members worldwide.
PenFed offers a variety of banking products, including checking accounts, savings accounts, different types of certificates (or CDs provided by credit unions) and money market accounts.
There are several ways to become a member. You can join the credit union if you serve in the United States military, for instance. You can also join PenFed’s field of membership by signing up for one of dozens of organizations, such as the Marine Corps League or the Air Force Association.