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prima:PenFed Expands Operations in Puerto Rico

The federal credit union will add three or four branches to its network on the island and does not rule out acquisitions

April 17, 2023 - 6:56 AM

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This content was published more than 1 year ago.
The President of PenFed Credit Union, James Schenck. (Alejandro Granadillo)

PenFed (Pentagon Federal) Credit Union, the second largest federal credit union in the United States, will open three or four new branches in the next two years to strengthen its presence in Puerto Rico, according to its president and CEO, James Schenck.

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