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PenFed Credit Union

2.9

About this business

Location details

55 Water St, 55 Water St, New York, NY, 10041, United States

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WeekdayScheduleStatus
Mon8:30 a.m. to 4:30 p.m.
Tue8:30 a.m. to 4:30 p.m.
Wed8:30 a.m. to 4:30 p.m.
Thu8:30 a.m. to 4:30 p.m.
Fri8:30 a.m. to 4:30 p.m.
SatClosed
SunClosed
2.9116 reviews
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P Kabs's profile image
P Kabs 
on Google
5 days ago

If I could give zero Stars I would. We went from being pre-approved, to a counter offer with a higher rate and less of a loan, to them completely retracting the offer that I have in writing. All of this within 2 days. Killed the deal even when I accepted their terrible counter offer. Do yourselves a favor and go to a real business. 

Kathleen Marie's profile image
Kathleen Marie 
on Google
a week ago

Opening a savings account with PenFed was quick and easy, and I’m already planning to open a checking account as well. The process was smooth from start to finish I was verified right away through a phone call and an email, and uploading the required documents was simple. Customer service was friendly and efficient, which made the experience stress-free. I also appreciate how convenient their online tools are for managing accounts. Overall, I’m very satisfied and look forward to exploring more of PenFed’s great rates and mem... read more

Zain Malik's profile image
Zain Malik 
on Google
2 weeks ago

Didn't get an auto loan even though I had a co-signer with good credit, and my credit is good as well. The loan isn't even that much, and I got denied very quickly with no follow-up email as to why I got denied. 

Jeremiah's profile image
Jeremiah 
on Google
2 weeks ago

Why do I need to wait 30 days to use Zelle on my new account? I have two other credit unions and several federal banks, and I have NEVER had to wait so long to send money through Zelle. It is available upon the opening of my account. Also, they denied me lines of credit when MCU gave me $75K , although my credit score is excellent and I make $150k annually. I am closing my accounts! Horrible! 

Dan DeLuca's profile image
Dan DeLuca 
on Google
3 weeks ago

I applied to refinance two of my vehicle loans. I spoke with a rep from Penfed who gave me rate based upon a soft credit pull. I then finished the application and they ran my credit officially. I was then presented with several options to select from at certain interest rates. I selected my options and two days later right before signing. Penfed raised my rates on both loans. When I called to ask why my rates were raised, they did not provide any information. Save yourself some time and do business with a trustworthy lender.... read more

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Frequently asked questions about PenFed Credit Union

How is PenFed Credit Union rated?

PenFed Credit Union has a 2.9 star rating with 116 reviews. 

When is PenFed Credit Union open?

PenFed Credit Union is closed now. It will open tomorrow at 8:30 a.m. 

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