Penfed Credit Union

Situated in the heart of Scranton, the Pentagon Credit Union branch at 201 Franklin Ave is your welcoming neighborhood financial partner dedicated to helping you achieve your goals. Open Monday through Friday from 9:00 am to 5:00 pm and Saturdays until noon, this branch offers convenient ATM and drive-thru banking services that make everyday transactions like deposits and withdrawals fast and hassle-free. Whether you're looking to secure one of Pentagon’s best auto loans or explore competitive mortgage loans and refinancing options, their friendly team is here to guide you every step of the way.
With over 2.8 million members nationwide and assets exceeding $32 billion, Pentagon delivers a broad range of personal banking services including top checking and savings accounts, credit cards with rewarding perks, personal loans for debt consolidation, plus specialized business banking solutions. The combination of local accessibility with robust online and mobile banking ensures you can manage your finances anytime, anywhere.
Visit the Pentagon Credit Union branch at 201 Franklin Ave in Scranton or call 844-825-6728 today to experience personalized service and discover how our exceptional auto loans and mortgage offerings can drive your financial future forward!

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 financial partner located at 201 Franklin Ave, Scranton, PA 18503. Established in 1935, we have built a strong foundation of trust and reliability within our community. With a total membership exceeding 2.8 million, we pride ourselves on offering personalized services tailored to meet the unique needs of each member. At Pentagon, we understand that financial well-being goes beyond just banking it's about creating opportunities for our members and fostering growth in the communities we serve. Currently, our total assets stand at an impressive $32.7 billion, with total deposits reaching $1.04 billion. Our commitment to providing valuable financial products is evident through our diverse offerings, which include personal banking accounts, auto loans, mortgages, and business financing. Under the leadership of CEO James Schenck and Board President Edward Cody, our dedicated team of 2,880 employees works tirelessly to ensure you receive the best service possible. Whether you're accessing funds through our convenient ATM services or seeking advice for your next big purchase, we are here to support you every step of the way. While members can visit us at our branch location, official correspondence should be sent to 201 Franklin Ave, Scranton, PA 18503. If you have any questions or would like to learn more about how we can assist you with your financial goals, don't hesitate to reach out! Call us today at 844-825-6728 or explore more on our website at http://www.penfed.org. Your financial future starts here at Pentagon!

Branch History & Mission

Join Us

As we continue this journey together, we invite you to join the Pentagon family. Experience firsthand how we can help you achieve your financial aspirations while being part of a community-focused organization. Together, let's build a brighter financial future for everyone in Scranton! For more information or assistance, feel free to call us at (844) 825-6728 or visit our website at http://www.penfed.org.

Our Evolution

From humble beginnings, Pentagon has evolved significantly over the years. We have expanded our services to include a wide range of personal banking options, auto loans, mortgages, and business banking solutions. Today, with total assets reaching an impressive $32,713,549,837, we continue to innovate and provide exceptional service through both traditional and digital channels. Our commitment to ADA compliance ensures that all members can access our services comfortably and efficiently.

Our Mission

At the core of our mission is a simple yet powerful belief: We exist to empower our members financially while fostering strong community ties. Our goal is not only to provide exceptional financial services but also to actively participate in community outreach efforts that uplift those around us. We recognize that when our members succeed, so does our entire community. While members can visit us at 201 Franklin Ave Scranton Pa 18503, official correspondence should be sent to 201 Franklin Ave, Scranton, PA 18503. We are proud to offer amenities like ATM availability and drive-thru banking for added convenience.

Branch Location & Accessibility

Welcome to Pentagon located at 201 Franklin Ave Scranton Pa 18503 in the heart of beautiful Scranton, PA. We're excited to be a part of your community, offering a friendly and convenient banking experience for all our members. Whether you're stopping by for everyday banking needs or exploring our loan options, we are here to help. You can easily find us near notable landmarks like the vibrant downtown area, making us a perfect stop for your banking errands while enjoying local shops and cafes. Our branch is designed with accessibility in mind, ensuring everyone can visit us comfortably. We provide ADA-compliant features, including ramps and designated parking spaces for those who need them. We pride ourselves on our commitment to convenience. With ample parking available and a drive-thru service, you can complete your transactions without leaving your car. Plus, we have an ATM on-site for quick cash withdrawals and balance checks whenever you need them. Our operating hours are designed with your busy schedule in mind. We are open Monday through Friday from 9:00 am to 5:00 pm, and we welcome you on Saturdays from 9:00 am to 12:00 pm. This means you can drop by before or after work or even during the weekend! While members can visit us at 201 Franklin Ave Scranton Pa 18503, official correspondence should be sent to our mailing address at 201 Franklin Ave, Scranton, PA 18503. If you have any questions or want to learn more about our services from personal checking accounts to auto loans feel free to call us at (844) 825-6728. We invite you to come see how Pentagon can support your financial journey. Visit us today!

Member Eligibility

At Pentagon, we believe that everyone deserves a place in our community, and becoming a member is as simple as reaching out to us! If you're interested in joining us at our branch located at 201 Franklin Ave Scranton Pa 18503, we welcome you with open arms. Our membership is available to individuals who meet certain criteria, which typically includes living, working, or worshiping in the areas we serve. It's all about creating a strong network of support and shared values among our members. To get started, feel free to give us a call at (844) 825-6728 for any questions you might have. You can also check out the detailed eligibility requirements on our website at . We're excited to help you open your account and start enjoying the benefits of being part of the Pentagon family!

Business Banking & Commercial Services

Commercial 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.

Merchant Services

In addition to loans, we offer a range of merchant services that simplify payment processing for your business. Imagine being able to accept payments from customers seamlessly, whether they pay by card or through mobile transactions. This not only enhances customer satisfaction but also streamlines your operations. Located at 201 Franklin Ave Scranton Pa 18503 in Scranton, PA, our team is ready to assist you Monday through Friday from 9:00 am to 5:00 pm, and Saturday from 9:00 am to 12:00 pm. Let us help your business thrive today!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Planning to buy a new car? Our auto loans and vehicle financing options offer competitive rates and flexible terms, making it easier for you to drive away in the car of your dreams. Picture this: finding the perfect vehicle and knowing that our team is here to support you every step of the way with financing that fits your budget.

Business Banking Services

If you're a business owner, we have services tailored just for you. From merchant services that streamline payment processing to business loans that support growth and expansion, we're dedicated to helping local businesses thrive in our community.

Convenient Access Points

For added convenience, we offer ATM services for cash withdrawals and balance checks right when you need them. If you prefer face-to-face interactions for deposits or withdrawals, our basic drive-thru banking is available too making transactions quick and hassle-free. At Pentagon, we prioritize accessibility. Our digital banking features ensure that all members can manage their finances anytime and anywhere. Whether you're at home in Scranton or traveling across the country, you're always connected with us. Ready to explore how we can support your financial journey? Contact us today at (844) 825-6728 or visit us at 201 Franklin Ave Scranton Pa 18503. Join our community of satisfied members who trust Pentagon for all their financial needs!

Credit Cards with Rewards

For those who love rewards, our credit cards come with benefits that can help you earn points on everyday purchases. Whether you're buying groceries or planning a vacation, these rewards can add up quickly, giving you something back for spending on what you already need.

Mortgage Loans & Refinancing

Purchasing a home is one of the biggest investments you'll make. At Pentagon, we provide mortgage loans tailored to meet your unique needs, along with refinancing options if you're looking to lower your monthly payments. We guide you through the process, ensuring that you feel confident in your decision and ready for homeownership.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, our personal banking options make managing your money simple and convenient. Imagine having quick access to your funds whenever you need them, thanks to our easy online and mobile banking services. You can check balances, transfer funds, or pay bills all from the comfort of your home or on the go.

Personal Loans & Debt Consolidation

If you're facing unexpected expenses or want to consolidate debt, our personal loans can provide the financial relief you need. Imagine simplifying your finances by combining multiple debts into one easy payment, allowing you more freedom and peace of mind.

Digital & Online Banking

Key Features

Our online platform supports e-statements, allowing you to receive your account statements electronically. This not only reduces paper clutter but also ensures that you have quick access to your financial information at any time. Plus, with electronic signature authorization, signing important documents has never been easier no need for printing or mailing! For those who prefer banking on the go, our mobile application makes it simple to manage your money right from your smartphone. You can make mobile payments effortlessly, whether you're shopping or splitting a bill with friends through our person-to-person transfer feature. With just a tap, sending money has never been more convenient. Security is a top priority at Pentagon. Our digital services are designed with robust security measures to protect your personal information and ensure safe transactions. You can bank with confidence knowing that we prioritize your safety. In summary, our digital and online banking services at Pentagon are all about accessibility, ease-of-use, and real-time account management. Explore all these features today by visiting http://www.penfed.org and discover how we can help simplify your financial life!

Financial Strength

Commitment to Growth

With $2,776,578,388 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $194,968 in used auto loans and $26,072,314,016 in total loans and leases. Our $0 reflects our operational efficiency, enabling 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.

Member-Centric Approach

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.

Strong Financial Foundation

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.

Trusting Partnership

Total Share Accounts stand at 4,116,497, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) total $76,015,739, highlighting our capability to support your banking needs effectively. 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 201 Franklin Ave Scranton Pa 18503 or call (844) 825-6728 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.

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 you're interested in a brand-new model or a reliable used car, we have financing options that can make your purchase easier.

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 help you navigate them with financing solutions tailored specifically for your needs.

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 provide guidance throughout the process to ensure you find a solution that fits your budget and lifestyle.

Refinancing Options

If you're considering refinancing any existing loans or mortgages, we can assist with that too. Our experienced team can review your current situation and guide you through available options that may help lower your monthly payments or save on interest rates. Our dedicated staff is available to discuss these loan products further at our branch located at 201 Franklin Ave Scranton Pa 18503, Scranton, PA. You can also reach us by phone at (844) 825-6728 during our operating hours: Monday - Friday from 9:00 am - 5:00 pm and Saturday from 9:00 am - 12:00 pm. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore how our loan offerings can work for you today!

Unsecured Credit Card Loans

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. This option is great for those looking to consolidate debt or cover unplanned expenses without tying up collateral.

Loan Aggregator

Benefits of Using LendMesh

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