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Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA).
A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1] Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union ...
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Navy Federal Credit Union (or Navy Federal) is an American global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member (or retail) credit union in the United States, both in asset size and in membership.
Founded in 1935, PenFed is a federal credit union that serves almost 3 million members. SoFi is an online lender that offers a variety of financial products, including personal loans with optional ...
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GoodLeap, formerly Loanpal, [2] is a finance technology company that provides financing options for the residential solar energy industry. The company was founded in 2003 as Paramount Equity and was later rebranded to Loanpal. In June 2021, the company rebranded to GoodLeap. [2] As of 2020, the company was responsible for 41% of the solar loan ...
It provides savings, checking accounts, CDs, money-market accounts, IRAs, credit cards, auto loans, and home mortgages. In February 2019, the credit union announced plans to merge with Pentagon Federal Credit Union, [48] completing to convert customers to those of PenFed on May 1, 2019. [49]