No monthly fees
No minimum balance requirements
Where’s an ATM when you need it? Get access to our + fee-free ATM network of Allpoint and Co-op ATMs, giving you access to more machines than the leading banks.
Easy Access: Fee-free PenFed ATMs are located at many well known retailers such as Target®, CVS Pharmacy®, Circle K®, Winn Dixie®, Rite Aid®, Kroger®, Speedway®, and Safeway®.
Fast: Send money directly from your account to theirs, typically in minutes4.
Easy: Send money using just their U.S. mobile number or email address.
Free: There are no fees to send money with Zelle® from our online or mobile banking app.
Safety & Security: Rest easy knowing that if your debit card is lost or stolen, you won’t be responsible for any unauthorized charges2
Free Checking earns you more
As an Free Checking account holder, you can earn 2% cash back on everything you purchase with a PenFed Power Cash Rewards Visa Signature® card.
Access to PenFed's ATM network -- PenFed, Allpoint and Co-op -- will be free. This includes both withdrawal and balance inquiry. PenFed will not charge an out-of-network ATM fee, but out-of-network ATM fee may be levied by the financial institution that owns the ATM, and fees will vary depending on the financial institution that owns the ATM.
1. Electronic Funds Transfer - You can initiate an electronic funds transfer at PenFed to deposit funds from an external bank account. All you need is the ABA routing number and account number of the other institution. PenFed’s routing number is 256078446.
2. Mobile Deposit – You can download our mobile app and use Mobile Deposit.
3. Internal Transfer from your PenFed account.
4. Mail - You can mail in a check (with your account number written on the check) to: PenFed, Box 247009, Omaha, NE, 68124-7009.
You can withdraw money from your account in the following ways:
Yes, you can link your checking account to an Overdraft Line of Credit if you qualify. As this is a line of credit, it is subject to credit approval.
Your debit card will arrive within 5 to 7 business days after your account is opened.
You can order checks online, by phone or in the branches. Your first set of 50 checks will be delivered for free within 7 to 10 business day after the order has been placed.
As an 85 year old Financial Institution, we’ve stood by our members through thick and thin. We’re not just a credit union. We’re your partner. Becoming a PenFed member means never facing a financial decision alone.
1Early access to direct deposit is available for all PenFed members that set up a direct deposit with their employer or other payor. Early direct deposit eligibility may vary between pay periods and timing of payors funding.
2Have peace of mind knowing that PenFed won’t hold you responsible for unauthorized transactions on your Visa debit card. Visa’s Zero Liability policy applies to purchases made in the store, over the telephone, online, or via a mobile device. Visa’s Zero Liability policy does not apply to transactions not processed by Visa.
3Rates and offers current as of and are subject to change. After account opening, a three business day waiting period applies for credit line advances. This account can only be accessed by overdraft from a checking account. No other types of advances are permitted.
4U.S. checking or savings account required to use Zelle®. Transactions between enrolled consumers typically occur in minutes.
2023 Early Warning Services, LLC. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
/2016_-_Q1_Year_To_Shine/logo.png "Pentagon Federal Credit Union"){kind=logo}
