One of America’s largest federal credit unions maintains over $2.9 billion in net worth.
TYSONS, Va., Jan. 28, 2026 /PRNewswire/ — PenFed Credit Union, one of the nation’s largest federal credit unions, reported continued capital strength, robust liquidity and solid earnings growth for 2025. PenFed ended the quarter with nearly 2.8 million members, $29 billion in assets and over $2.9 billion in net worth.
“PenFed’s 2025 performance delivers on our financial objectives of safety and soundness while providing exceptional service to our members,” said James Schenck, PenFed President and CEO. “We continue to strengthen capital, expand earnings, and provide exceptional value through competitive rates and responsible financial solutions. Our results highlight PenFed’s …