How do I transfer money?
You can initiate an ACH transfer through PenFed Online at the following link on our website: https://www.penfed.org/. To access PenFed Online, you will need to use your username and password.
Alternatively, from the Main Menu page, to move money between your accounts, click “Transfers” on the blue navigation bar.
ACH payments can also be transferred directly to a credit card, Equity Line of Credit (ELOC), or First Mortgage.
If you are unable to accomplish this via PenFed Online, you may also contact a Member Service Representative at 800.247.5626. When speaking with a Member Service Representative, you will be asked for your account number and the ABA/routing number for the debiting financial institution.
Please note: ACH transactions requested by telephone or at a branch will be assessed a $5.00 fee, per transaction. If an ACH cannot be performed, a wire transfer may be required to deposit funds.