Auto Loan Refi I wanted to lower my auto loan rate and looked online. I found a whole bunch of services that represent a whole bunch of lenders. They all wanted documents up front before giving out a rate. Who does that. I contacted Pen Fed, and with just a 5 min conversation I was given a rate quote (that was lower than elsewhere) and moving forward was super easy and pleasant. I already uploaded the 1 document they needed and I will be getting the loan file in a day or two, and that's it.

Pen Fed is an Excellent Credit Union Pen Fed is an Excellent Credit Union! I joined several years ago and the Credit Products and Approvals they have Offered me have improved my overall Credit picture. I recommend them as a 10+!

One of the worst financial institutions… One of the worst financial institutions in the USA, I rather eat rat poison than deal with this so-called excuse for a bank again. If you open an account with them if you you try to do a direct deposit from another bank say Chase they will take 3-4 days to approve the account, then when chase tried to do the trial deposits because you have no money in the account Penfed will charge you an overdraft because normally the trial deposits are subtracted. NICE little Scam they have going on. Also mobile check deposits take 5 days to clear. My account was locked by their fraud team, I sent in my documents and its still locked filling a claim with the Consumer finance gov website since its been 3 business days and no resolve

PenFed offers reasonable interest rates and truly supports military families I have always enjoyed my dealings with PenFed. They have been here for me and my family on a few occasions and especially when we needed them. Firstly, the loan process was fast and answers on your application are within minutes. They offer several options to ensure the repayment is within your comfortable budget. Even with the crazy interest rates, PenFed tries to be reasonable. Lastly, on a personal note, I wish to thank PenFed for being there when I was medically retired from the military, PenFed was there to graciously supply us a grant to help us purchase our home. Without PenFed, we would have otherwise not been able to move forward with the home purchase. For that alone I will remain a life long customer. Thank you PenFed for all you do for us military active and veterans.

Smooth process and great rates! I received an unsolicited offer from Penfed and almost discarded it. Instead I opened it and was pleasantly surprised by the rate on the credit card. I have good but not perfect credit. I applied and the process went very smoothly. I received my decision in a timely manner and was so pleased that I'm moving most of MT banking to PenFen.