The awards reflect PenFed’s commitment to the employment of military spouses and the military community
TYSONS, Virginia, November 12, 2021 / PRNewswire / – PenFed Credit Union, the nation’s second-largest federal credit union, today announced that it has received the number one designation of 2022 Military FriendlyÂ® Spouse Employer and Military FriendlyÂ® Brand in the at non-profit by VIQTORY Media. PenFed was also recognized as one of the Top Ten Military FriendlyÂ® Employers and for having a Top Ten Military FriendlyÂ® Supplier Diversity Program.
Rankings were determined by analyzing public data and an exclusive survey of over a thousand companies. Final scores were determined by combining an organization’s survey score with an assessment of the organization’s ability to meet the thresholds for application, new hire retention, employee turnover and promotion and advancement of veterans and military employees.
âPenFed is honored to be recognized as a champion of the military community,â said PenFed President and CEO and CEO of the PenFed Foundation Jacques Schenck. âSince 1935, we have served the national defense community and will continue to recruit and hire veterans and military spouses as our business grows.
As part of an ongoing commitment to hire and support the military community, PenFed operates a military employment program focused on each phase of the employment lifecycle for all members of the military community – including alumni combatants, servicemen and surviving spouses, wounded warriors and their caregivers, Reservists and National Guardsmen.
In addition to devoting 10% of its recruiting budget to hiring and retaining veterans and military spouses, PenFed works with dozens of military employment organizations, as well as dozens of Settlement Transition Assistance Program offices to enhance our military employment efforts. Members of the military community interested in a career with a military-friendly company are encouraged to visit the PenFed Military Recruiting webpage. This webpage allows members of the military community to join our military talent community and search for jobs based on their skills and experience using a military occupational specialty code.
PenFed has a strong military-friendly corporate heritage and donates up to 2% of its annual net income to charities, the majority going to military charities. The PenFed Foundation, a national 501 (c) 3 organization founded by the PenFed Credit Union, was established in 2001 and since then has provided more than $ 40 million in financial support to veterans, serving members, families and caregivers.
PenFed will be featured with other Military Friendly Â® 2022 employers in the December issue of GI Jobs Â® magazine and on MilitaryFriendly.com.
About PenFed Credit Union
Established in 1935, the Pentagon Federal Credit Union (PenFed) is the second largest federal credit union in the United States, serving 2.5 million members worldwide with $ 31 billion in assets. PenFed Credit Union offers certificates, checks, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services, always keeping the interests of creditors in mind. members. PenFed Credit Union is federally insured by the NCUA and is an equal housing lender. To learn more about PenFed Credit Union, visit PenFed.org, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Consult us on LinkedIn. We are proud to be an Equal Employment Opportunity Employer.
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SOURCE PenFed Credit Union