Who can join penfed?


Jul 3, 2022

Reading Time: 3 Min

PenFed is a credit union that anyone can join. There are a few ways to qualify:

-You can be a member of the military, honorably discharged from the military, or be related to someone who is.

-You can work for the government or be a contractor with the government.

-You can be a part of certain organizations, like the National Education Association or the American Red Cross.

-You can live, work, or worship in certain parts of Virginia, Maryland, or Washington, D.C.

Other related questions:

Q: What are the requirements to join PenFed credit union?

A: In order to join PenFed credit union, you must first become a member of the National Military Family Association or the Voices for America’s Troops. You can then open a savings account with a $5 deposit and maintain a balance of at least $5 in order to remain a member in good standing.

Q: Do you have to be in the military to have a PenFed account?

A: No, you don’t have to be in the military to have a PenFed account.

Q: What credit score do you need for PenFed?

A: There is no minimum credit score required for membership with PenFed.

Q: Can anyone get a PenFed loan?

A: PenFed offers a variety of loan products, including auto, home, and personal loans. You may be able to qualify for a PenFed loan if you meet their credit and income requirements.


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