Rating: 8.1 / 10 (Excellent)
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Founded in 1935, PenFed is a federal credit union that draws its members from the general population. At one time, military affiliation was required, but this is no longer the case. The company offers many personal banking products, such as high-yield savings accounts, checking accounts, car loans, and mortgages.


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Open To All: Anyone Can Join Penfed
  • $10 Monthly Fee
  • $500 Balance to Avoid Fees
  • $25 Minimum Opening Deposit
  • Access to Over 85,000+ Fee-Free ATMs 
  • Federally Insured by NCUA