San Antonio, Texas — According to state and local economic development sources PenFed Credit Union plans to invest $500,000.00 to build out 3,000 square feet of new space in San Antonio. The company plans to occupy the new space at 11988 Alamo Ranch Parkway Suite 101 in San Antonio, on or about May 1, 2022. According to the company website At PenFed Credit Union our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, but to also encourage. We exist to usher their dreams into the land of reality. Established in 1935, PenFed today is one of the countrys strongest and most stable financial institutions serving 2 million members worldwide with $26 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender.

To learn more about PenFed Credit Union, visit http://www.penfed.org/

Company Contact:
James Schenck, Chief Executive Officer
james.schenck@penfed.org
https://www.linkedin.com/in/james-schenck-b41b9a1/
800-247-5626

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