PenFed Announces $25,000 Donation to U.S. Army Women’s Foundation

Posted March 13 2018
by Media Relations

TYSONS, Va., March 13, 2018 – PenFed credit union President and CEO James Schenck announced a $25,000 donation from the credit union to the U.S. Army Women’s Foundation. PenFed’s $25,000 donation will help advance education and career opportunities for women in the military and honor exceptional women soldiers.

“This Women’s History Month, PenFed is proud to increase its support of the U.S. Army Women’s Foundation and, with them, honor and recognize the incredible women who have sacrificed so much for our country and the freedoms we enjoy,” said James Schenck, President and CEO, PenFed Credit Union. “We are committed to the current and future women leaders of the U.S. Army and, through this donation, hope to help them continue paving the way for more trailblazers to come.”

PenFed is a corporate supporter of the U.S. Army Women’s Foundation, and was an Eagle Partner of its 10th Annual Summit held in Washington March 12. Mr. Schenck also presented a Legacy Scholarship funded by PenFed at the Hall of Fame Induction Ceremony held in conjunction with the Summit.

Led by veterans, the U.S. Army Women’s Foundation is the only nonprofit organization dedicated solely to supporting women who wear or have worn the U.S. Army uniform. Their mission is to promote public interest in the Army, and recognize and honor the service of all U.S. Army women. The U.S. Army Women’s Foundation is a 501(c)(3) organization, headquartered in Fort Lee, Virginia.

“We are inspired by PenFed's generous support of the U.S. Army Women's Foundation,” said Brigadier General Anne Macdonald, USA (Ret.) and President of the U.S. Army Foundation.  “PenFed's commitment to the nation's military enables organization's such as the U.S. Army Women's Foundation to continue our mission of recognizing and honoring the many contributions women have made in our Army and are making every day. Thank you PenFed for what you do for Soldiers, Families and Veterans!” 

Among those recognized at the event and inducted into the U.S. Army Women’s Foundation Hall of Fame were:

·       The first female to achieve rank of General, Brigadier General Anna Mae Hays USA Ret. (posthumous),

·       The two first women Army rangers, Captain Kristen M. Griest, and Captain Shaye L. Haver, and

·       The first women Sentinels at the Tomb of the Unknown Soldier, Sergeant Heather L. Johnson, Sergeant Danyell E. Wilson, Staff Sergeant Tonya D. Bell, and Sergeant Ruth Hanks.

PenFed has donated more than $1.3 million to charitable organizations in the Greater Washington, DC area, a significant portion going to support veterans and military programs. To learn more, visit


About PenFed Credit Union

Established in 1935 as the War Department Credit Union, Pentagon Federal Credit Union (PenFed) is America’s second-largest federal credit union, serving over 1.6 million members worldwide with $23 billion in assets. Our long-standing mission has been to provide superior financial services in a cost-effective manner, while being responsive to members’ needs. PenFed Credit Union offers market-leading mortgages, automobile loans, credit cards, student loans, checking, certificates, and a wide range of other financial services with members’ interests always in mind.  PenFed Credit Union serves a diverse population, and no military service is required to join.  PenFed Credit Union offers many paths to membership, including numerous employee groups and association affiliations. PenFed Credit Union is federally insured by the NCUA and is an equal housing lender. To learn more about PenFed Credit Union, visit, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Check us out on LinkedIn. We are proud to be an Equal Employment Opportunity Employer.