--- title: "17:10 ET PenFed Credit Union Increased Earnings, Capital and Liquidity for 2025" type: "News" locale: "en" url: "https://longbridge.com/en/news/274051289.md" description: "PenFed Credit Union reported strong financial performance for 2025, with a net worth exceeding $2.9 billion and assets totaling $29 billion. Key highlights include a 316% increase in net income year-over-year, improved loan loss rates, and significant growth in auto loan and HELOC originations. The credit union also emphasized its commitment to community support, donating over $1.3 million to charitable organizations. Additionally, PenFed is leveraging AI to enhance member service and operational efficiency, aiming to provide competitive rates and responsible financial solutions." datetime: "2026-01-28T22:11:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274051289.md) - [en](https://longbridge.com/en/news/274051289.md) - [zh-HK](https://longbridge.com/zh-HK/news/274051289.md) --- # 17:10 ET PenFed Credit Union Increased Earnings, Capital and Liquidity for 2025 _One of America's largest federal credit unions maintains over $2.9 billion in net worth._ , /PRNewswire/ -- PenFed Credit Union, one of the nation's largest federal credit unions, reported continued capital strength, robust liquidity and solid earnings growth for 2025. PenFed ended the quarter with nearly 2.8 million members, $29 billion in assets and over $2.9 billion in net worth. "PenFed's 2025 performance delivers on our financial objectives of safety and soundness while providing exceptional service to our members," said **James Schenck, PenFed President and CEO**. "We continue to strengthen capital, expand earnings, and provide exceptional value through competitive rates and responsible financial solutions. Our results highlight PenFed's ability to navigate any economic environment while remaining focused on empowering members to achieve their financial dreams." **PenFed's 2025 Financial Highlights** **Capital and Liquidity Strength** - **Increased net worth ratio** 47 bps year-over-year, from disciplined capital planning. - **Ended 2025 with over $900 million in capital above the regulatory requirement to be well-capitalized,** a 41% increase year-over-year. - **Increased total cash and investments** to 15.1% of total assets, up 210 bps year-over-year. **Earnings Growth** - **Increased quarter-to-date net income** by 36% quarter-over-quarter. - **Achieved full-year net income of $151.0 million**, an increase of 316% year-over-year (an improvement of nearly $115 million). - **Improved net interest margin** to 3.21%, up 17 bps year-over-year. **Credit Quality and Risk Management** - **Improved loan loss rates** by 21% year-over-year, reflecting resilient lending strategies and improved credit performance. - **Lowered commercial real estate exposure** by 32% year-over-year reflecting prudent risk management and alignment with evolving market conditions. **Loan and Deposit Growth** - **Grew auto loan originations** (year-to-date) 43% year-over-year to $1.9 billion, driven by strong member demand. - **Completed third prime auto loan securitization offering** in September 2025 to support diversification of funding, increasing liquidity and strengthening of net worth. - **Increased home equity line of credit (HELOC) originations** by 15% year-over-year to $1.4 billion, as members continued to leverage PenFed's competitive rates. - **Increased non-maturity deposits** by 10% year-over-year to $14.9 billion, with continued growth in premium online savings accounts. **Community and Member Impact** - **Continued investing in both its members and the communities it serves.** During 2025, PenFed and the PenFed Foundation donated more than $1.3 million to 65 charitable organizations supporting veterans, military families, and children facing life-threatening illnesses. **Providing Excellent Member Service Through AI Adoption** Throughout PenFed's over 90-year history, the credit union has consistently embraced technological change to better its members. PenFed is already leveraging AI to summarize calls for reference during future conversations and to respond more efficiently to member questions on "hold" and improving the accuracy of responses. "At PenFed we see generative AI as an exceptionally smart 'coach' that can sharpen our skills, boost our performance, and help us achieve stronger results for our members in the form of great savings rates and lower costs on loans coupled with excellent member service," said Schenck. **About PenFed Credit Union **Established in 1935, Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving nearly 2.8 million members worldwide with $29 billion in assets. PenFed Credit Union offers market-leading certificates, checking, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services with members' interests always in mind. PenFed Credit Union is federally insured by the NCUA and is an Equal Housing Lender. _To learn more about PenFed Credit Union, visit_ _PenFed.org__, like us on Facebook and follow us @PenFed on X. Interested in working for PenFed? Check us out on LinkedIn. We are proud to be an Equal Employment Opportunity Employer._ SOURCE PenFed Credit Union ## Related News & Research - [Why Pioneer Federal Credit Union is adding earned wage access](https://longbridge.com/en/news/286589439.md) - [18:35 ETGECU Appoints Internal Executive, Alex Rascón, as President and CEO](https://longbridge.com/en/news/286005018.md) - [State Cannabis Companies Rushed To Apply for DEA Registration but DEA Cannot Rewrite Marijuana Federal Register Rules With a Press Statement](https://longbridge.com/en/news/286649436.md) - [09:05 ETBayPort Foundation's 5th Annual Charity Golf Classic Raises More than $230,000 for Scholarships and Community Programs](https://longbridge.com/en/news/286105678.md) - [Federal gas tax suspension: Would it actually lower prices at the pump?](https://longbridge.com/en/news/286005918.md)