Penfed Credit Union

In the heart of Ponce, the Pentagon Credit Union branch at Plaza Del Caribe offers a welcoming financial hub for members seeking personalized service and trusted guidance. Open Monday through Friday from 9:00 AM to 5:30 PM and Saturdays until 1:30 PM, this location provides convenient ATM and cash withdrawal services to keep your money accessible throughout the week. Whether you’re looking to secure some of the best auto loans available or explore competitive mortgage loans and refinancing options designed for Puerto Rico residents, the knowledgeable team at Pentagon is ready to help you achieve your goals.
Members at this Ponce branch enjoy a comprehensive suite of personal banking services including checking and savings accounts tailored for everyday convenience, credit cards with rewarding perks, as well as personal loans and debt consolidation solutions that simplify your finances. Business owners can also benefit from merchant services and business loans crafted to support local growth. With secure online and mobile banking available 24/7, managing your money has never been easier.
Visit the Pentagon Credit Union branch at Plaza Del Caribe Suite 424 or call 787-499-7662 today to experience friendly local service and discover how our top auto loans and mortgage solutions 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 Plaza Del Caribe 2050 Ponce By Pass Suite 424, Ponce, PR 00716. Since our establishment in 1935, we have been dedicated to serving our community with a full range of personal and business banking services. With a total membership exceeding 2.8 million, we pride ourselves on being more than just a credit union; we are a supportive community where every member's financial success matters. At Pentagon, we understand that banking is about building relationships. That's why our leadership team, led by CEO James Schenck and Board President Edward Cody, works tirelessly to ensure that each member feels valued and empowered. Our commitment to transparency and trust shines through as we manage over $32.7 billion in assets, with total deposits reaching an impressive $1.04 billion. This strong financial foundation allows us to offer competitive rates on loans over 1.5 million loans and leases funded while also providing robust savings options. While members can visit us at our branch location, official correspondence should be sent to our mailing address: Plaza del Caribe, 2050 Ponce By Pass Suite 424, Ponce, PR 716. You can reach us at (787) 499-7662 for any inquiries or assistance. We believe in the power of community and strive to give back in meaningful ways. From financing local businesses with a net member business loan balance of over $1.7 billion to offering personalized services that fit your lifestyle whether it's auto loans, mortgages, or online banking we are here for you every step of the way. Ready to take control of your financial future? Visit us today or check out our website at penfed.org. We look forward to helping you achieve your financial goals!

Branch History & Mission

Community Impact

Our commitment extends beyond financial services; we actively participate in community outreach programs that promote financial literacy and wellness among residents of Ponce. By working together with local organizations, we aim to create lasting positive change. Join us at Pentagon and experience the difference a community-focused credit union can make in your life. Whether you're looking for personal banking solutions or seeking assistance with business financing, we are here for you every step of the way. Together, let's build a brighter future! For more information or to speak with one of our friendly representatives, call us at (787) 499-7662 today!

Our Journey

Located at Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716, near local landmarks that make our community vibrant, Pentagon has witnessed significant milestones throughout its history. From humble beginnings, we have continually expanded our services to meet the evolving needs of our members. With a focus on personal banking, auto loans, mortgage financing, and credit cards with rewards, we strive to provide comprehensive financial solutions. While members can visit us at Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716, official correspondence should be sent to Plaza del Caribe, 2050 Pnce By Pass Suite 424, Ponce, PR 716 if different. Our operating hours are designed to accommodate your busy schedule: Monday through Friday from 9:00 A.M. to 5:30 P.M., and Saturday from 9:00 A.M. to 1:30 P.M. Additionally, we offer ATM availability for those who need convenient access to their funds.

Our Mission

At the heart of Pentagon lies our mission to empower individuals and families by providing accessible financial services while fostering strong community ties. We believe that supporting our members goes beyond just banking; it includes engaging in meaningful outreach efforts and partnerships that uplift those around us. Our goal is to ensure every member feels valued and supported in their financial journey. In today's digital world, we embrace technological advancements while ensuring compliance with ADA standards so that everyone can benefit from our services. We offer online and mobile banking options, making it easier for you to manage your finances on the go.

Branch Location & Accessibility

Call to Action

Ready to experience hassle-free banking? We invite you to visit us today or give us a call at (787) 499-7662. Our friendly team is eager to assist you with all your financial needs!

Convenient Access

Our branch is easily accessible with ample parking available for members. If you require assistance, rest assured that our facility is ADA compliant, featuring ramps and other accessibility features to ensure everyone can comfortably visit us. We take pride in providing a welcoming environment for all our members.

Operating Hours and Services

We are here for you during convenient hours: Monday through Friday from 9:00 A.M. to 5:30 P.M., and on Saturdays from 9:00 A.M. to 1:30 P.M. This schedule allows you to stop by before or after work, or even during your weekend errands! At our Pentagon branch, we offer a variety of services tailored to meet your financial needs whether it's personal banking with checking and savings accounts, auto loans, or even mortgage refinancing options. Plus, enjoy the ease of ATM services right here at the branch. While visiting us at Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716, please note that if you need to send official correspondence, you can do so at our mailing address: Plaza del Caribe, 2050 Ponce By Pass Suite 424, Ponce, PR 716.

Member Eligibility

Joining Pentagon feels like stepping into a welcoming community where your financial needs are understood and prioritized. If you're interested in becoming a member, the good news is that eligibility is designed to be inclusive. Generally, you can join if you live, work, worship, or attend school in the area served by us. Plus, immediate family members of existing members are also welcome! This means that whether you're looking for personal banking solutions, auto loans, or other financial services, you'll have access to tailored support and competitive rates at Pentagon. Getting started is simple! Just visit our branch located at Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716, or give us a call at (787) 499-7662 for more information on how to open an account. For detailed eligibility criteria and the latest updates, check out our resource page at . We're here to make your membership journey as smooth as possible!

Business Banking & Commercial Services

Business 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

Beyond loans, we offer merchant services designed to simplify your daily operations. Imagine running your retail shop while easily accepting payments from your customers without hassle. Our solutions let you focus on what matters most growing your business. Whether it's credit card processing or online payment options, we have the tools you need to enhance customer satisfaction. With a dedicated team ready to assist you at Pentagon, reach out today at (787) 499-7662 to explore how we can support your business journey!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash on the go? Our ATM services allow for quick withdrawals and balance checks without hassle. With locations available across town, getting cash when you need it is simple. At Pentagon, we're committed to providing exceptional service combined with innovative financial solutions designed around your life. If you're ready to take the next step in managing your finances or simply have questions about any of our services, don't hesitate to reach out! Call us at (787) 499-7662 or visit us at our branch in Ponce. We look forward to serving you!

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our auto loans and vehicle financing options make it easy for you to get behind the wheel without breaking the bank. With competitive rates and flexible terms, you can enjoy peace of mind knowing you have the support of Pentagon throughout the entire process.

Business Banking

For our business members, we offer specialized services including merchant services and business loans. We understand that running a business requires flexibility and support, which is why our team is ready to assist with everything from day-to-day banking needs to larger financing solutions.

Credit Cards with Rewards

Our credit cards come with rewards that let you earn while you spend! From cashback offers to travel rewards, we provide options that fit different spending habits and lifestyles. Plus, managing your card online is easy through our digital banking platform.

Mortgage Loans & Refinancing

Homeownership is a dream for many, and at Pentagon, we want to help you turn that dream into reality. Our mortgage loans offer tailored solutions to suit your budget. If you already own a home, consider our refinancing options to lower your monthly payments or access cash for renovations or other expenses.

Online & Mobile Banking

In today's fast-paced world, convenience is key. With our online and mobile banking services, managing your finances has never been easier. Access your accounts anytime, anywhere whether it's transferring funds or checking balances all from the palm of your hand.

Personal Banking

We understand that personal banking is more than just opening an account. That's why we offer various options such as checking and savings accounts that fit your lifestyle. Whether you're a student starting out or someone looking for a place to grow your savings, we have the perfect account for you.

Personal Loans & Debt Consolidation

Life can throw unexpected challenges your way. Whether it's an emergency expense or consolidating debt into one manageable payment, our personal loans are here to help. We work with you to create a plan that fits within your financial landscape.

Digital & Online Banking

Key Features

We offer a range of features that simplify your banking experience. With electronic signature authorization available, signing documents online is a breeze no more printing or mailing! If you prefer paperless options, our e-statements make it easy to track your spending without cluttering your inbox. For those who love using their phones, our mobile application allows for easy management of your accounts on the go. You can also take advantage of mobile payments to make purchases quickly and securely right from your smartphone. Sending money to friends or family? Our person-to-person transfer feature makes sharing funds as simple as sending a text message.

Security and User-Friendly Experience

Security is our top priority. We utilize advanced technology to protect your personal information while ensuring an easy-to-navigate interface that everyone can use. Whether you're tech-savvy or just getting started with digital banking, our services are designed with you in mind. With Pentagon's digital banking options, managing your finances has never been easier or safer. Join us today and discover how convenient banking can be!

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 understand that in today's world, having a reliable financial partner is essential for your peace of mind. 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 reinvesting in our community is reflected by having $2,776,578,388 in undivided earnings. This allows us to innovate with new banking tools, strengthen our lending options, and enhance security measures to serve you 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 as reflected by our $0, 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. Additionally, the funds available for lending and investments stand at $76,015,739, showcasing our ability to support your needs effectively. Total Share and Deposit Accounts number 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 Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716 or call (787) 499-7662 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 considering a new or used vehicle, our financing options can make your purchase more affordable.

Business Loans

For business owners, our outstanding commercial loans totaling $1,632,399,984 provide the capital needed to grow and expand. We recognize the unique challenges businesses face and aim to support your ambitions through our tailored lending solutions. If you're interested in refinancing or exploring eligibility options, our team is here to assist you every step of the way. Reach out to us at (787) 499-7662, or visit us at our location: Plaza Del Caribe 2050 Ponce By Pass Suite 424 Ponce Pr 00716, Ponce, PR. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your journey towards financial stability starts here at Pentagon!

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 personalized service to ensure that you find the right mortgage solution for your needs.

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 allows you to have access to funds when needed without having to secure them against any asset.

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