Pentagon Federal Credit Union (PenFed) is a not-for-profit financial institution that serves members of the military, veterans, and their families. Founded in 1935, it offers a range of financial products, including savings accounts, loans, and credit cards, with competitive rates and low fees. PenFed operates nationwide and is one of the largest credit unions in the United States. Membership is open to anyone who meets specific eligibility criteria, such as military affiliation or membership in certain organizations. The credit union emphasizes community support and financial education for its members.