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PenFed Credit Union Tech Stack

Member-owned credit union serving 2.8M+ with lending, savings, and cards nationwide

Financial Services McLean, Virginia 1,001–5,000 employees Founded 1935 Nonprofit

PenFed is a federally insured credit union operating at scale—2.8 million members, $30 billion in assets—with a tech stack anchored in legacy financial systems (COBOL, Assembler, PeopleSoft) and modern marketing/analytics tools (Salesforce, Tableau, Sprout Social). Active adoption of Python, R, and Snowflake alongside existing BI infrastructure signals a data modernization push, while heavy hiring in finance and sales (49 of 112 open roles) reflects growth in loan origination and member acquisition channels.

Tech Stack 43 technologies

Core StackAsana Salesforce Canva Adobe Creative Cloud WordPress Google Analytics Basecamp Adobe Premiere Pro Excel Microsoft Office Word PowerPoint Instagram Meta LinkedIn Twitter TikTok YouTube Pinterest Hootsuite Meta Business Suite Sprout Social PeopleSoft COBOL Assembler Mule BlackLine OneStream VBA SQL+13 more
AdoptingTableau Python Snowflake R OneStream

What PenFed Credit Union Is Building

Challenges

  • Recruiting new agents
  • Streamlining processes
  • Optimizing loan pricing
  • Ensuring business continuity
  • Removing friction
  • Risk mitigation
  • Improving member experience
  • Agent retention
  • Enhance member lifetime value
  • Improving risk assessment processes

Active Projects

  • Strategic roadmap for home buying and financing experiences
  • Crm lead communication campaigns
  • Ad source audit
  • Internet lead cultivation
  • Marketing and business development strategy implementation
  • Model implementation process standardization
  • Business continuity plan
  • Develop pricing frameworks
  • Attribution reporting tool development
  • Video series and campaigns

Hiring Activity

Steady110 roles · 50 in 30d

Department

Finance
31
Sales
18
Engineering
11
Ops
11
Data
10
Marketing
9
Product
6
Support
4

Seniority

Senior
40
Mid
22
Junior
20
Director
12
Manager
12
Intern
1
Lead
1
Staff
1

Notable leadership hires: Chief Marketing Officer

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About PenFed Credit Union

PenFed Credit Union, established in 1935, serves members across all 50 U.S. states plus Guam, Puerto Rico, and Okinawa. The organization operates as a nonprofit, member-owned institution offering loans, savings accounts, and credit card products. With 2.8 million members and $30 billion in assets under management, PenFed functions as a regional financial services platform open to membership nationwide. Current operational priorities include developing pricing frameworks, standardizing loan models, building attribution reporting capabilities, and addressing agent recruitment and retention challenges in their loan origination channel.

HeadquartersMcLean, Virginia
Company Size1,001–5,000 employees
Founded1935
Hiring MarketsUnited States

Frequently Asked Questions

What is PenFed Credit Union's membership size?

PenFed serves 2.8 million members across all 50 states plus U.S. territories, with $30 billion in assets under management as of the most recent data.

What tech stack does PenFed use?

PenFed runs legacy banking systems (COBOL, Assembler, PeopleSoft) paired with modern tools: Salesforce, Tableau, Python, R, Snowflake, and marketing platforms (Sprout Social, Hootsuite). The stack reflects ongoing data modernization.

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