Good benefits overshadowed by layoffs after acquisition - Anonymous employee PENFED Credit Union Employee Review

3.0
24 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good benefits and vacation and Holidays

Cons

Took over department from another company and laid everyone off a year later.

Explore other reviews about PENFED Credit Union

5.0
25 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Awesome place and people - complex and large finance operation and balance sheet yet still small enough to make an impact and build up solutions from the ground floor - creative place!

Cons

Sometimes can be stretched for more resources

1.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The salary is a competitive.

Cons

Upper management put a lot of pressure to make goals. Manager is terrible , lack of communication, trying to write up for not meeting goals that are just inflated expectations. Do not know how to lead , just want to boss team around.I do not recommend this place . There is no Opportunity to move around as they do not like to hire within . Company promotes employees that do not deserve it.Top performance doesn’t matter.

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