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Introduction
Welcome to Pentagon, your trusted financial partner located at 805 King Farm Blvd Ste 110, Rockville, MD 20850. Since our establishment in 1935, we have proudly served our community with a commitment to excellence and member satisfaction. With over 2.8 million members benefiting from our services, we are dedicated to providing personalized financial solutions that meet the unique needs of each individual. At Pentagon, we understand that financial decisions can be overwhelming. That's why our knowledgeable team is here to guide you through various options, whether you're looking for checking and savings accounts, auto loans, mortgage financing, or business banking solutions. As of now, our total assets stand impressively at $32.7 billion, with total deposits reaching $1.04 billion. We take pride in our robust offerings that empower our members to achieve their financial goals. In addition to our financial stability, we boast a net worth of $3.26 billion and have a strong cash reserve of $371 million, ensuring that we're equipped to support your needs today and in the future. Our CEO, James Schenck, alongside Board President Edward Cody, leads a dedicated team of 2,880 employees who are committed to making your banking experience as smooth as possible. While members can visit us at our branch location for all banking services including ATM access we also encourage you to reach out by phone at 301-670-3412 for any inquiries or assistance you might need. If you prefer written communication, please send your correspondence to our mailing address: 805 King Farm Blvd Ste 110, Rockville, MD 20850-6537. Join us at Pentagon and discover how we can help you navigate your financial journey with confidence. Whether you're looking to open an account or secure a loan, we're here to assist you every step of the way. Visit us online at penfed.org or call us today!
Branch History & Mission
Advancements and Accessibility
In our efforts to serve you better, we've embraced technology while ensuring accessibility for all members. Our branch features digital advancements that make banking convenient like online banking, mobile payments, and electronic signatures while also adhering to ADA compliance standards. Additionally, we offer one ATM for easy cash access during operating hours from Monday through Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 1:00 PM. Unfortunately, we do not have drive-thru service; however, our dedicated staff is ready to assist you within the lobby during these hours.
Join Us
As we look towards the future, we invite you to become part of the Pentagon family. Experience firsthand how we blend traditional banking values with modern conveniences tailored just for you. Together, let's build a stronger community where everyone thrives financially. For more information or assistance, feel free to reach out at (301) 670-3412. Join us today and discover the difference that a member-focused credit union can make!
Our Mission
Our mission is simple yet profound: to empower our members by providing exceptional financial services while fostering a sense of community. We believe in building lasting relationships with our members, helping them achieve their financial goals through personalized service and innovative solutions. Whether it's opening a checking account, securing an auto loan, or planning for retirement, we are here to guide you every step of the way. We understand that banking goes beyond transactions; it's about supporting the dreams and aspirations of our members. This philosophy drives our commitment to community outreach and partnerships that strengthen the fabric of Rockville. We actively engage in various initiatives aimed at improving lives and contributing positively to our local environment.
Branch Location & Accessibility
Comprehensive Banking Services
At the Pentagon branch, we offer a wide range of services designed to meet all your banking needs. From personal checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. And if you're on the go, enjoy the convenience of our ATM services available right at the branch. While members can visit us at 805 King Farm Blvd Ste 110 Rockville Md 20850, official correspondence should be sent to 805 King Farm Blvd Ste 110, Rockville, MD 20850-6537. If you have any questions or would like more information about our services, please don't hesitate to call us at (301) 670-3412. We look forward to seeing you soon!
Easy Access for Everyone
At our Pentagon branch, we prioritize accessibility. Our location features ADA-compliant entrances and ramps to ensure that all members can visit us comfortably. We also offer ample parking spaces for our members, making your visit hassle-free.
Friendly Operating Hours
We understand that life gets busy, so we've tailored our hours to fit your schedule. Our lobby is open Monday through Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 1:00 PM. Whether you're looking to open a new account, apply for a loan, or simply ask a question, our friendly staff is ready to assist you during these hours.
Member Eligibility
Becoming a member of Pentagon is like stepping into a welcoming community where your financial needs are truly understood. If you live, work, or go to school in the local area, you're likely eligible to join us! At Pentagon, we believe that everyone deserves access to affordable banking options and personalized support. To get all the details on who can join, feel free to visit our eligibility page at . We're here to help make your transition into membership smooth and enjoyable. Opening an account with us is simple and straightforward. Just reach out via phone at (301) 670-3412, and our friendly team will guide you through the process. Whether you're interested in personal banking, loans, or credit cards, we offer a range of services tailored to fit your life. You can find more information about opening an account by visiting . Join us at Pentagon, located at 805 King Farm Blvd Ste 110 Rockville Md 20850, and take the first step towards a brighter financial future!
Business Banking & Commercial Services
Merchant Services That Work for You
In addition to loans, our merchant services simplify transactions for your business. Imagine having a reliable way to accept payments from customers, whether they prefer credit cards or mobile payments. Our easy-to-use systems can help you serve your clients better while keeping track of sales effortlessly. Visit us at 805 King Farm Blvd Ste 110 Rockville Md 20850 in Rockville, MD, or give us a call at (301) 670-3412 to learn more about how we can help your business thrive!
Tailored Loan Options
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.
Comprehensive List Of Services
ATM Services
Need cash? We've got you covered with our ATM and cash withdrawal services, giving you easy access to your funds whenever you need them. Our basic ATM access allows for simple withdrawals and balance checks without any hassle. At Pentagon, we are committed to meeting all your financial needs with personalized service and innovative solutions. We invite you to visit us at 805 King Farm Blvd Ste 110 Rockville Md 20850 or call us at (301) 670-3412 for more information about how we can assist you today. Join us in taking the next step towards achieving your financial goals!
Business Banking
If you're a business owner, our services extend beyond personal finance. We provide comprehensive business banking solutions, including merchant services and business loans designed to help you grow and thrive in today's market.
Loans and Credit Solutions
We understand that life can throw unexpected expenses your way. That's why we offer personal loans and debt consolidation options to help you regain control over your finances. Want to earn rewards while spending? Our credit cards with rewards allow you to benefit from your purchases while managing your cash flow effectively.
Online and Mobile Banking
In today's fast-paced world, convenience is key. With our online and mobile banking features, you can manage your accounts anytime, anywhere. Whether you want to check your balance, transfer funds, or pay bills on the go, our user-friendly platforms make banking accessible right from your pocket.
Personal Banking Services
Our personal banking options are designed to give you the flexibility and support you need. We offer checking and savings accounts that fit various lifestyles, making it easier for you to manage your money. If you're looking to purchase a new car, our auto loans and vehicle financing options are competitive and straightforward, ensuring you can hit the road without stress. For those considering homeownership or refinancing, our mortgage loans provide tailored solutions that suit your budget.
Digital & Online Banking
Key Features of Our Online Banking Services
With just a few clicks, you can access all your account information through our online banking platform at http://www.penfed.org. Need to check your balance, pay bills, or transfer money? You can do it all 24/7 from the comfort of your own home or anywhere you have internet access. Our platform is user-friendly and secure, ensuring that your personal information is protected while you manage your accounts. For added convenience, we offer electronic signature authorization. This feature allows you to sign documents digitally, saving you time and hassle no more printing and mailing forms! Plus, enjoy the ease of e-statements; they're available whenever you need them, reducing paper clutter while providing easy access to your financial records.
Mobile Banking Made Easy
Our mobile application makes banking even simpler. With features like mobile payments, you can make purchases directly from your phone without needing cash or cards. Have friends who need a quick loan? Use our person-to-person transfer service to send money instantly with just a few taps on your screen. No matter where life takes you, Pentagon keeps you connected to your finances. Experience real-time account management that puts you in control and offers peace of mind knowing that help is always just a click away. Explore all these features and more at http://www.penfed.org your gateway to convenient banking solutions designed for you!
Financial Strength
Commitment to Growth
Our commitment to growth is evident with $2,776,578,388 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. Additionally, with $194,968 in used auto loans and $26,072,314,016 in total loans and leases, our lending capacity supports various sectors to help you achieve your financial goals.
Growing Member Base
The trust placed in us by our members is showcased through our total share accounts: 4,116,497. This growing member base reflects confidence in our ability to manage finances responsibly while offering valuable services. 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 805 King Farm Blvd Ste 110 Rockville Md 20850 or call (301) 670-3412 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*
Member-Focused Savings
Your savings are well-protected with us. We have $12,769,593,886 in share certificates and $2,815,129,878 in money market shares, which provide stable and rewarding financial growth opportunities for our members. 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.
Operational Efficiency
Our operations reflect efficiency with a net income of $0, which enables us to continue offering competitive loan rates and solid financial products tailored for you. We also take pride in having 2,856 full-time employees and 24 part-time employees ready to assist you with all your banking needs.
Strong Financial Health
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.
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. We provide flexible terms and options for refinancing, making it easier for you to find the perfect fit for your budget.
Business Financing
For business owners, our outstanding commercial loans totaling $1,632,399,984 provide the capital needed to grow and expand. Whether you're starting a new venture or seeking to enhance your existing business operations, our team is here to support you with competitive rates and personalized service. At Pentagon, we are committed to helping our members navigate their financial paths with confidence. For more information about our loan offerings or eligibility criteria, please don't hesitate to reach out. You can contact us at (301) 670-3412 or visit us at our branch located at 805 King Farm Blvd Ste 110 Rockville Md 20850 in Rockville, MD. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We look forward to assisting you on your financial journey!
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 guide you through the process to ensure a smooth experience as you take this significant step towards securing your future.
Unsecured Credit Cards
We also offer flexible terms on unsecured credit card loans, with a total of $2,090,578,789 in loans helping members manage their finances effectively. These cards can be an excellent way to build your credit history while enjoying various rewards and benefits.
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 ensures that all comparisons are fair and transparent, giving users confidence in the information presented. LendMesh offers several key benefits: - 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: Users get up-to-date loan rates from multiple institutions, enabling informed decision-making. 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 highlights the effectiveness and reliability of the platform. If you're looking for the best rates tailored to your needs, compare real-time loan offers today at LendMesh. 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.