Penfed Credit Union

Situated just steps away from the iconic Pentagon, the Pentagon Credit Union branch at 1000 Independence Ave SW in Washington, DC, is your trusted financial partner in the nation’s capital. Open Monday through Friday from 9:00 AM to 4:00 PM, this location offers convenient ATM and cash withdrawal services designed to keep your money within easy reach. Whether you’re in the market for some of the best auto loans or exploring competitive mortgage loans and refinancing options, Pentagon Credit Union delivers personalized solutions tailored to your unique goals.
Beyond vehicle financing and home lending, members enjoy a full suite of personal banking services including checking and savings accounts crafted for everyday convenience, credit cards with rewarding perks, personal loans for debt consolidation, and business banking solutions such as merchant services and business loans. With secure online and mobile banking available 24/7, managing your finances has never been easier or more accessible.
Experience financial service rooted in community and expertise—visit Pentagon Credit Union at 1000 Independence Ave SW or call 202-796-1604 today to discover how our top auto loans and mortgage offerings can help you drive forward with confidence!

Type of Loan Offerings

home_equity_loans

Home Equity Loans

Program Name
Loan Type
APR
Term
Max Amount
CLTV
Link
heloc
Home Equity Line of Credit (HELOC)
7.375 % - 18 %
$500,000
mortgage_loans

Mortgage Loans

Loan Type
Product Type
Program Type
Rate
APR
Points
Term
Link
CONVENTIONAL
FIXED
30-Year Conforming Fixed
6.25 %
6.469 %
1.5
30.0 Yrs
personal_loans

Personal Loans

Program Name
APR
Term
Amount
Link
Personal loan
8.99 %
5 Yrs
$50,000
vehicle_loans

Vehicle Loans

Loan Program
Loan Type
APR
Term
Link
Auto
Model Year 2024 or newer & never titled
3.79 % - 6.04 %
3 Yrs - 7 Yrs

Introduction

Welcome to Pentagon, your trusted partner in achieving financial wellness. Located at 1000 Independence Ave Sw, Washington, DC 20585, our credit union has proudly served the community since 1935. With over 2.8 million members and a robust asset base of $32.7 billion, we are dedicated to providing personalized banking services that meet your unique needs. At Pentagon, we believe in building strong relationships with our members. That's why we offer a wide range of services, including checking and savings accounts, auto loans, mortgage refinancing, and business banking solutions. Our commitment to you is reflected in our total deposits of $1.04 billion and net worth of $3.26 billion a solid foundation ensuring your money is in safe hands. Our leadership team, headed by CEO James Schenck and Board President Edward Cody, is focused on fostering a member-centric approach that prioritizes your financial goals. Whether you're looking to buy a new car or consolidate debt, our experienced staff is here to guide you every step of the way. While members can visit us at our branch address, official correspondence should be sent to the same location: 1000 INDEPENDENCE AVE SW, WASHINGTON, DC 20585-0001. You can reach us at (202) 796-1604 for any inquiries or support. Join the Pentagon family today and experience the difference of community-focused banking. Visit us online at www.penfed.org or stop by our branch to learn more about how we can help you achieve your financial dreams!

Branch History & Mission

Community Engagement

Our roots run deep within the community. We actively engage in outreach efforts that support local causes and initiatives. By partnering with various organizations, we contribute to programs that uplift and empower those around us. If you ever need assistance or want to learn more about how we can help you achieve your financial goals, don't hesitate to reach out! You can contact us at (202) 796-1604 or visit us at our branch location. While members can visit us at 1000 Independence Ave SW, official correspondence should be sent to 1000 INDEPENDENCE AVE SW, WASHINGTON, DC 20585-0001. Join us at Pentagon and experience firsthand the benefits of being part of a credit union that truly cares about its members and their community!

Our Mission

At Pentagon, our mission is clear: we strive to empower our members through accessible financial services while fostering a sense of community and trust. We believe that when individuals thrive, communities flourish. This mission drives us to create innovative solutions that meet the evolving needs of those we serve. We are committed to making banking easier and more inclusive through digital advancements like online banking and mobile payments. Our branch also ensures accessibility for all members by complying with ADA standards. We continuously seek ways to enhance your experience, whether you're visiting us during our operating hours from Monday to Friday, 9:00 AM - 4:00 PM, or using one of our ATMs available on-site.

Branch Location & Accessibility

Welcome to the Pentagon branch of Pentagon, your go-to spot for all your banking needs! Conveniently located at 1000 Independence Ave Sw Washington Dc 20585 in the heart of Washington, DC, our branch is easily accessible for members living or working nearby. Whether you're headed to the National Mall or visiting the iconic Lincoln Memorial, stopping by is a breeze. At our Pentagon location, we prioritize accessibility for everyone. With ADA-compliant features and easy parking options, we strive to make your visit smooth and hassle-free. For those needing to manage their accounts on the go, we offer ATM services right at our branch, ensuring you can access cash when you need it. While members can visit us at 1000 Independence Ave Sw Washington Dc 20585, official correspondence should be sent to our mailing address: 1000 INDEPENDENCE AVE SW, WASHINGTON, DC 20585-0001. Our friendly team is here during convenient hours Monday through Friday from 9:00 AM to 4:00 PM to assist with everything from personal banking to loans and credit cards with rewards. In addition to traditional banking services, we also provide online and mobile banking options for added convenience. Although we don't have drive-thru service at this location, we invite you to come inside where you'll find a welcoming atmosphere ready to help you achieve your financial goals. If you have any questions or need assistance before your visit, feel free to give us a call at (202) 796-1604. We look forward to welcoming you soon!

Member Eligibility

Becoming a member of Pentagon is like stepping into a warm and welcoming community where your financial needs are prioritized. If you live, work, or worship in the area around 1000 Independence Ave Sw Washington Dc 20585, you're already on the right path to joining us! Our membership is open to individuals who meet certain criteria, which you can find in detail at . The great news is that the process of opening an account is simple and straightforward. Just give us a call at (202) 796-1604, and our friendly team will guide you through everything you need to get started. You'll not only gain access to a variety of financial services tailored to your needs but also enjoy the perks of being part of a cooperative that truly cares about its members. Check out the eligibility details today and take the first step toward becoming part of the Pentagon family!

Business Banking & Commercial Services

Financing Your Business Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $564 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $7 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $1,632,399,984, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Sense

In addition to our loan offerings, we provide essential merchant services that help streamline your operations. Imagine having the ability to accept payments easily and efficiently, allowing you more time to focus on what really matters growing your business. Our services are tailored to meet the practical needs of local entrepreneurs right here in Washington, DC. Let us partner with you at 1000 Independence Ave Sw Washington Dc 20585 as you take your business to new heights. Call us at (202) 796-1604 or visit our website at http://www.penfed.org for more information.

Comprehensive List Of Services

Business Solutions

For entrepreneurs and small business owners, we offer robust business banking services including merchant services and business loans. These tools are designed to support your growth ambitions while ensuring smooth operations day-to-day.

Connect with Us

We invite you to explore all that Pentagon has to offer by visiting us at 1000 Independence Ave Sw Washington Dc 20585 or giving us a call at (202) 796-1604. Our friendly staff is here Monday through Friday from 9:00 AM to 4:00 PM ready to assist you with any questions or needs you may have. Your financial journey matters to us, so let's take the next step together! For more information about our services or to get started today, please visit our website. We look forward to serving you!

Digital Banking Convenience

In today's fast-paced world, having access to your finances anytime is crucial. That's why we proudly offer comprehensive online and mobile banking features. You can easily check balances, transfer funds, or even make payments right from the palm of your hand. Our ATM services allow for quick cash withdrawals without the hassle of long lines. Imagine never having to worry about banking hours again! With our digital solutions available 24/7, managing your finances has never been easier.

Loans Made Easy

When life brings big expenses, our auto loans and vehicle financing options can help you get on the road quickly. Picture yourself driving off in that new car you've been eyeing, all thanks to our flexible loan terms and low rates. Additionally, if you're considering buying a home or refinancing your current mortgage, our mortgage loans and refinancing services provide personalized solutions that fit your budget. Need extra cash for unexpected expenses? Our personal loans and debt consolidation options can help streamline your finances and provide relief when needed most. Plus, don't forget about our credit cards with rewards they're perfect for earning points on everyday purchases that can go toward travel or cash back.

Personal Banking

Our personal banking services include various checking and savings accounts designed with your lifestyle in mind. Imagine having a hassle-free way to manage your day-to-day expenses while also saving for future goals. With competitive interest rates and no hidden fees, our accounts make it easy for you to keep track of your money.

Digital & Online Banking

Key Features of Our Digital Banking Services

Explore our online banking services at http://www.penfed.org, where you'll find a user-friendly interface that makes it simple to access your accounts. Whether you're checking balances, transferring funds, or reviewing transactions, our platform is designed for ease of use. Security is a top priority for us. With features like electronic signature authorization, your transactions are not only easy but also protected. You can rest assured knowing that your sensitive information is safe with us. Enjoy the flexibility of e-statements, which allow you to view your account statements digitally instead of waiting for them in the mail. This not only helps you stay organized but also supports our efforts in being environmentally friendly.

Mobile Banking on the Go

For those who prefer banking on their mobile devices, our mobile application is available for download. This app includes features like mobile payments, making it easier than ever to pay bills or make purchases directly from your phone. Plus, with person-to-person transfer options, sending money to friends or family is just a few taps away. Our 24/7 online banking service ensures that you have access to your accounts whenever you need it. Whether it's early morning or late at night, we're here for you. In summary, Pentagon offers robust digital and online banking solutions that prioritize convenience and security. Explore all these features and more by visiting us at http://www.penfed.org today!

Financial Strength

At Pentagon, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to provide a strong financial foundation that supports our community's needs and aspirations. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $3,260,605,705, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $985 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $12,769,593,886 in share certificates and $2,815,129,878 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $201,717,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to you is reflected in our $2,776,578,388 in undivided earnings. We reinvest these funds into innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $194,968 in used auto loans and $26,072,314,016 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is evident with a $0 that enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 2,856 full-time employees and 24 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $76,015,739. Total Share Accounts: 4,116,497, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Pentagon is your trusted partner. Visit us at 1000 Independence Ave Sw Washington Dc 20585 or call (202) 796-1604 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $2,778,882,869 in used vehicle loans and $1,230,240,741 in new vehicle loans already helping members get on the road. Whether it's a brand-new model or a reliable used car, our financing options can help make it happen.

Business Financing

For business owners, our outstanding commercial loans totaling $1,632,399,984 provide the capital needed to grow and expand. We understand that running a business comes with its own set of challenges, and we're here to support you every step of the way. Whether you're looking for an auto loan, mortgage financing, or personal credit options, Pentagon is committed to providing exceptional service tailored to meet your needs. Don't hesitate to reach out for more information or visit us at 1000 Independence Ave Sw Washington Dc 20585, Washington, DC. You can also give us a call at (202) 796-1604. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $2,216,974,844, make buying or refinancing simple. We also provide refinancing options to help you lower your monthly payments or access cash from your home's equity.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. That's why we offer flexible terms on unsecured credit card loans, with a total of $2,090,578,789 in loans helping members manage their finances effectively. Our credit cards come with competitive interest rates and rewards programs that can benefit your lifestyle.

Loan Aggregator

How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This rigorous sourcing ensures that users receive fair and transparent offers. Each loan comparison reflects the most current rates available, allowing users to see their options clearly. LendMesh features several key benefits that enhance user trust: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions.

User Experiences

Thousands of users trust LendMesh for loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial illustrates how the platform effectively aids consumers in navigating their borrowing options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

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