Recent acquisitions include PenFed’s fifth merger of the year with the $101M Energy FCU.
The $20.1B cooperative plans to merge New Mexico's High Plains FCU.
The $20.1B credit union has more than 500 employees serving at two facilities in Omaha, Neb.
The $20 billion PenFed is re-joining CUNA after a 12-year hiatus.
In its third merger deal of 2016, the $19.9B credit union will acquire San Antonio's first cooperative in August.
PenFed Foundation donates $100K to MOAA Military Family Initiative.
Nine credit unions, three CUSOs and NAFCU announce staff changes this week.
The deal will bring PenFed’s assets to about $19.8 billion.
Over the past 10 years, PenFed grew assets and members by 140% and 106%, respectively.
A lower-than-peer operating cost structure is key to PenFed’s growth.