Established in 1935, PenFed is one of the country’s strongest, most stable financial institutions serving 2.0 million members worldwide with $25 billion in assets. The company serves members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, and Okinawa. PenFed is federally insured by NCUA and is an Equal Housing Lender. Available to members worldwide, via the web, seven days a week, twenty-four hours a day. We strive to provide consistently best-in-class rates on home mortgages that our competitors find hard to match.