It's been a busy last few months at Pentagon Federal Credit Union – two branch openings and three mergers has the $19 billion credit union starting off 2016 with a bang.

The credit union opened a new branch in Guam – the island's second PenFed branch and PenFed's 30th branch – on Jan. 11. It also held a soft opening for its second branch in Puerto Rico on Dec. 17, which is now open for business.

PenFed Executive Vice President/COO Kevyn Myers told CU Times PenFed felt comfortable opening a second branch in Puerto Rico despite the commonwealth's troubled economy.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.