Pentagon Federal Credit Union (PenFed) is a federally-chartered credit union based in McLean, Virginia founded in 1935. PenFed has an inclusive membership policy, allowing individuals from various backgrounds to join and grants individuals access to PenFed's range of financial services and benefits. PenFed offers commercial loans, commercial deposit accounts, consumer and small business checking and savings accounts, certificates of deposit, individual retirement accounts, health savings accounts, credit cards, consumer loans, mortgages, and retirement, investments, and wealth management services.