Take the Pledge to Financial Freedom

The goal of Military Saves Month (April 1 – 30) is to encourage consumers to take the Military Saves Pledge, a commitment to begin the journey towards financial freedom and the first step in creating a personal spending plan.

Take the Pledge

PenFed members can participate and take the Military Saves Pledge in just three simple steps:

1. Set a Goal
What are you saving for?

2. Make a Plan
Have a financial savings plan in mind. For example: Make a pledge to put $10 per paycheck into a savings account.

3. Save Automatically
Setup recurring deposits into any of your PenFed accounts.

You Could Win a PenFed Prize Pack

In addition to taking the Military Saves Pledge, PenFed is sponsoring a raffle to everyone who takes the pledge!

Now through April 30, 2021, all members and non-members who complete the pledge form will be automatically entered to win 1 of 10 PenFed Prize Packs

See Rules & Regulations

Did You Know?

Women reviewing financial documents.

Financial Stress

62% of Military Families have experienced stress due to their financial situation.

-Blue Star Family Survey, 2018


Unexpected Expenses

57% of Military Savers struggle with the challenge of unexpected expenses.

-Military Saves Survey, 2019

Women reviewing her financial documents.

Living Expenses

60% of Military Families do not have enough in savings to cover three months of living expenses.

-MFAN Survey, 2017


While we encourage members over the age of 14 to pledge to save in April, only members 18 years of age and older are eligible to win the PenFed Prize Pack.

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