OMAHA, Neb.—PenFed Credit Union has opened its first full-service branch in the state of Nebraska. The credit union said it has been helping Greater Omaha “Do Better” for almost 25 years, and is now adding local branches to offer hometown service and advice for its members. PenFed has more than 500 local employees and more than 10,000 local members throughout the Greater Omaha area.
PenFed’s Chairman Ed Cody, Vice Chairman Bruce Kasold and President and CEO James Schenck hosted a ceremonial ribbon-cutting and welcomed a congressional delegation and community leaders during the grand opening. Area business leaders and military officials also joined PenFed for the event.
The $20 billion credit union has operated locally since 1992. The inaugural Papillion branch will feature the full array of PenFed’s services and a state of the art facility.
“This grand opening ceremony for our new branch here in Papillion is a great way to connect with members on a personal level,” Schenck said. “It also gives us the opportunity to express our appreciation for having had the honor of being a part of this wonderful community for nearly 25 years.”
During the event, PenFed officials also presented thousands of dollars in donations to local charities during their grand opening ceremony. A total of $18,000 was presented to American Legion Post 339, the Eastern Nebraska Veterans Home, the Offutt Air Force Base Top 3 Association, and Papillion-La Vista School Foundation. The first three donations represented proceeds from PenFed’s first Omaha golf tournament hosted by the credit union’s charitable arm, the PenFed Foundation, in order to benefit military community members and the organizations that support them.
U.S. Congressman Brad Ashford, who represents Nebraska’s 2nd Congressional District concluded, “We thank PenFed for their 25 years of investment in our community.”
Below, from left, Karen Gibler, President of the Sarpy County Chamber of Commerce, PenFed Board Vice Chairman The Honorable Bruce Kasold, PenFed Board Chairman Ed Cody, PenFed President/CEO James Schenck, U.S. Congressman Brad Ashford, Mayor of Papillion David Black, PenFed Chief Operating Officer Tammy Darvish.
