PenFed Team Runs for Children’s Miracle Network at Credit Union Cherry Blossom Race

PenFed Team Runs for Children’s Miracle Network at Credit Union Cherry Blossom Race

Posted April 09 2018
by Media Relations

TYSONS, Va., April 9, 2018 – A runner with 500 races under her belt, two tri-athletes, and entire families were among the 100+ runners and volunteers from PenFed Credit Union, the nation’s second largest federal credit union, participating in the annual Credit Union Cherry Blossom Ten Mile Run and 5K Run-Walk benefitting Children’s Miracle Network on Sunday, April 8, 2018.

“PenFed is committed to supporting the communities where we do business. We are proud to have had more than 50 volunteers and more than 50 runners at the annual Credit Union Cherry Blossom,” said James Schenck, President and CEO, PenFed Credit Union. “It is inspiring to see our employees coming together with other members of the community to raise money for a cause like Children’s Miracle Network.”

PenFed was proud to sponsor a water stop at Mile Six of the 10-mile race where volunteers provided water and inspiration to the runners. This was PenFed’s 2nd year as a major sponsor of the event, providing a $10,000 donation and 50+ volunteers to man the water stop. In total, PenFed has donated more than $1.3 million to charitable organizations in the Greater Washington, DC area.

“Being able to stand side-by-side with my PenFed colleagues to support the runners and this amazing cause is a true honor,” said Laurie Horstmann, Vice President of IT Business Integration, PenFed Credit Union. “This is my second year organizing the volunteers for this event. My job is easy because our PenFed employees truly believe in our corporate identity as a community leader. I’m already looking forward to next year.”

PenFed joined Credit Union Miracle Day, Inc., a consortium of credit unions and credit union suppliers in partnership with CUNA Mutual Group and PSCU, which was the title sponsor of the Credit Union Cherry Blossom Ten Mile Run, 5K Run-Walk and Kids' Run.

The Credit Union Cherry Blossom is known as "The Runner's Rite of Spring" in the Nation's Capital. The staging area for the event was on the Washington Monument Grounds and the course passes in sight of all of the major Washington, DC Memorials.


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.