SOURCE: Pentagon Federal Credit Union

Pentagon Federal Credit Union

December 09, 2010 08:00 ET

PenFed Now Offering Branch Services at Second Location in Honolulu, Hawaii

Merger With Tripler Federal Credit Union Official

ALEXANDRIA, VA--(Marketwire - December 9, 2010) -  Pentagon Federal Credit Union (PenFed) announced today that a merger agreement between Tripler Federal Credit Union, based out of Honolulu, Hawaii and Pentagon Federal Credit Union (PenFed), the third-largest credit union in the U.S., is now official.

"This merger creates exciting opportunities for everyone involved," says Roderick Mitchell, Executive VP, Operations, PenFed. "Not only is it a pleasure to welcome Tripler members into our organization, but this arrangement will help us to increase our presence in the area so that others in the community can have easier access to PenFed's world-class financial services."

As a result of the recent merger, PenFed gained Tripler's one and only branch which had 11.6 million in assets and 1,392 members. Tripler members approved the merger November 15 and PenFed began offering their services at the branch December 1.

PenFed will continue to offer branch services at the Tripler Army Medical Center location, and additional ATM services will be added on-site at a later date. The hours of operation for the branch are Monday through Friday from 7:30 a.m. to 3 p.m. The branch is located at: Tripler Army Medical Center, 1 Jarrett White Road, Rm 1C016, Honolulu, HI 96859.

For more information about PenFed or to learn more about membership, visit or call 800-247-5626.

About PenFed

PenFed is the third largest cred­it union in the United States, with over a million members and assets in excess of $14.7 billion. The credit union provides worldwide service to Department of Defense, Army, Marine Corps, Navy, Air Force, Coast Guard, and Department of Homeland Security personnel; members of the VFW; employees or volunteers of the American Red Cross; employees of Tripler Army Medical Center, and others in the defense community and their families.

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