Earn % APY* with Premium Online Savings

A Premium Online Savings must be opened with a minimum balance of $5.

1. Electronic Funds Transfer - You can send funds from your external bank account using your PenFed account number and the PenFed routing number: 256078446.
2. Mobile Check Deposit - Download our mobile app.
3. Internal Transfer – Use an existing PenFed account.
4. Cash and Check Deposit – Visit a PenFed branch location or use a branch ATM.
5. Mail a check – Follow the instructions below:
   • Print the following deposit voucher: (Form 451W.pdf)
     
   • Complete all fields in Section 1 and Section 2 and enter your account number in Section 3.
     
   • Mail the check with your voucher to:

PenFed Credit Union
Box 247009
Omaha, NE 68124-7009

Note: Please allow 5-7 business days for USPS mail delivery time.

1. Log on to PenFed Credit Union or the PenFed Mobile app to:
   • Perform an online transfer to an internal or external bank account
   • Write a check
   • Use online bill pay
   • Wire transfer

2. Cash Withdrawal 
   • Use your PenFed Debit or ATM card at an ATM or at a point of sale with merchants that offer cash back.
   • Visit a PenFed branch location

Generally, when you request an electronic transfer or make a check deposit, our funds will be available for withdrawal no later than the 5th business day after you initiate your transaction at PenFed.

You will start to earn dividends on the business day you initiate your deposit at PenFed.

Dividends are compounded monthly and credited to your account monthly.

Your Premium Online Savings Account is not accessible from an ATM.  To access your savings from an ATM open a Regular Savings Account or a Money Market Savings Account.

As an 85-year-old Financial Institution, we’ve stood by our members through thick and thin. We’re not just a credit union. We’re your partner. Becoming a PenFed member means never facing a financial decision alone.