Welcoming the New Financial Center
PenFed Credit Union, a leading federal credit union in the United States, proudly marks a significant milestone with the inauguration of a new financial center in Humacao. This development underlines PenFed's unwavering commitment to serving its members across regions with excellence and dedication.
Commitment to Community Growth
As James Schenck, President and CEO of PenFed Credit Union, expressed, the expansion into Humacao is not just about opening doors; it’s about making a difference. With this new center, PenFed aims to create more job opportunities and support the local economy, allowing community members to achieve their financial aspirations.
Comprehensive Services Offered
The newly opened financial center in Humacao provides an extensive range of services tailored to meet the needs of its members. From various loan products to checking and savings accounts, credit cards, and live teller services, the center operates on weekdays and Saturdays, ensuring accessibility for everyone.
Building a Financially Educated Future
In line with their mission to give back, PenFed has partnered with EVERFI, a renowned education technology company, to deliver essential financial education to K-12 students. This partnership aims to cultivate knowledge that will empower students throughout Puerto Rico to make informed financial decisions and secure a brighter future.
Strategic Locations and Accessibility
PenFed isn’t stopping at Humacao. The credit union currently operates multiple centers throughout Puerto Rico, including locations in San Juan, Hatillo, Ponce, and Mayagüez, along with a bilingual service center established in Guaynabo. This extensive network makes it easier for members to access valuable financial services wherever they are.
About PenFed Credit Union
Established in 1935, Pentagon Federal Credit Union, or PenFed, has grown to serve nearly 3 million members with total assets exceeding $31 billion. It provides a diverse suite of financial products, including mortgages, auto loans, student loans, and personal loans, tailored to meet the always-evolving needs of its members. PenFed is federally insured by the NCUA and is committed to upholding the principles of equal housing lending.
Frequently Asked Questions
What services are available at the new Humacao financial center?
The Humacao financial center offers loan products, checking and savings accounts, credit cards, and live teller services during the week and on Saturdays.
How does PenFed contribute to financial education?
PenFed collaborates with EVERFI to provide free financial education to over 4,000 students in Puerto Rico, equipping them with vital skills for financial decision-making.
Is PenFed open to everyone?
Yes, membership with PenFed is open to all individuals, allowing access to a variety of financial products and services.
What is the significance of the new financial center's opening?
This financial center represents PenFed's continued commitment to job creation and economic support in the community, enhancing services for its members.
When are the operational hours for the Humacao financial center?
The center operates from 9:00 a.m. to 5:30 p.m. AST Monday through Friday and from 9:00 a.m. to 5:00 p.m. AST on Saturdays.
