PenFed Credit Union Expands Financial Center to San Patricio Office Center in Guaynabo, Puerto Rico


Expanded Financial Center Reflects PenFed’s Commitment to Serving Membership Needs in Puerto Rico

TYSONS, Virginia, 23 November 2021 / PRNewswire / – PenFed Credit Union, the second largest federal credit union in the country, today announced the expansion of its financial center located in the San Patricio Office Center, Calle Tabonuco 7, Guaynabo, Porto Rico. The expansion of the location will provide more space and represents PenFed’s commitment to meeting the needs of members through Porto Rico, while continuing to support that of Puerto Rico economy by providing financial services and creating employment opportunities.

The PenFed team celebrates the grand opening of the newly expanded financial center in the San Patricio Office Center in Guaynabo, Puerto Rico.

“PenFed is proud to extend and improve our service to the community of Guaynabo and to all Porto Rico“said James Schenck, President and CEO of PenFed Credit Union and CEO of the PenFed Foundation.” The best way to serve Porto Rico is about creating jobs and helping people achieve their financial goals. PenFed continues to expand its investment in people from Porto Rico. “

To support the expanded financial center, PenFed will increase staff to more than 30 jobs in the community of Guaynabo, providing tens of thousands of residents in the north Porto Rico access to some of the best check, savings, certificate and loan rates in any country United States. The expanded 11,000 square foot financial center is a $ 2 million investment in the community of Guaynabo. PenFed also plans to open a bilingual service center in Guaynabo in 2022 with career opportunities for 24 additional teammates.

The Guaynabo Financial Center offers a full range of member services, including loan products, checking and savings accounts, credit cards and over-the-air ATM services Monday through Friday from 8:00 a.m. to 6:00 p.m. AST and Saturday from 8:00 a.m. to 5:00 p.m. AST.

PenFed currently serves over 250,000 members in Porto Rico with the financial centers of San Juan, Hatillo, Ponce and on US Army Garrison Fort Buchanan. PenFed has been present on the island for 15 years.

As part of an additional commitment to the inhabitants of Porto Rico, PenFed and EVERFI, a leading educational company, have partnered over the past three years to deliver an innovative and scalable financial education technology platform to over 1,800 students in public and private kindergarten schools for free. to grade 12 in 22 unique schools across Porto Rico. Students have access to a proven program that teaches them how to make sound financial decisions and achieve success in life. This innovative program is called “Tu Dinero, Tu Sueño” (“Your money, your dreams”).

Since the devastation of Hurricane Maria in 2017, PenFed has invested more than $ 8 million to open new facilities in Porto Rico and rebuild the local economy.

Membership in PenFed is required to receive products. Membership in PenFed is open to all.

About PenFed Credit Union

Founded in 1935, the Pentagon Federal Credit Union (PenFed) is the second largest federal credit union in the United States, serving 2.5 million members worldwide with $ 31 billion in assets. PenFed Credit Union offers certificates, checks, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services, always keeping the interests of creditors in mind. members. PenFed Credit Union is federally insured by the NCUA and is an equal housing lender. To learn more about PenFed Credit Union, visit PenFed.org, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Consult us on LinkedIn. We are proud to be an equal employment opportunity employer.

PENFED Logo (PRNewsfoto / PenFed Credit Union)

PENFED Logo (PRNewsfoto / PenFed Credit Union)

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SOURCE PenFed Credit Union


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