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Banking | Finance 2025: SCHENCK, JAMES
PRESIDENT AND CEO, PENTAGON FEDERAL CREDIT UNION, TYSONS
Virginia Business //September 2, 2025//
Banking | Finance 2025: SCHENCK, JAMES
PRESIDENT AND CEO, PENTAGON FEDERAL CREDIT UNION, TYSONS
Virginia Business //September 2, 2025//
Over the course of his military career, Schenck flew Black Hawk helicopters in Korea and trained others as a night vision goggle instructor pilot. He also worked on the Army staff in the Office of the Deputy Chief of Staff for Operations and Plans, a post with responsibilities for overseeing the flying hour program, which makes sure military aviators receive sufficient training.
“You have an impact across the entire force, making sure every aviator had enough flying hour dollars, maintenance dollars, to train and be ready to accomplish their mission on behalf of the nation,” Schenck said on the podcast “Aerospace Advantage” in 2024.
Schenck, who earned an MBA from Harvard Business School in 1996, joined the PenFed executive leadership team in 2001 and was named its top leader in 2014. Under his leadership, PenFed’s assets have nearly doubled, from $17.8 billion to $31 billion, and membership has more than doubled, growing from 1.3 million to 2.8 million members.
In July, PenFed held a ribbon cutting for a new branch in Puerto Rico. The credit union has five other financial centers in the U.S. territory.
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