Texas News: Governor Greg Abbott Announces New PenFed Credit Union Regional Center In San Antonio

Texas News: Governor Greg Abbott Announces New PenFed Credit Union Regional Center In San Antonio

AUSTIN, TX – Jan. 27, 2019 – Texas Governor Greg Abbott Friday announced Pentagon Federal Credit Union (PenFed) will open a new Regional Financial Center in San Antonio, Texas, pending local incentive approvals. The new facility will create 571 new jobs and over $48 million in capital investment.  PenFed is one of the largest credit unions in the country, serving more than 1.8 million members worldwide.  A Texas Enterprise Fund (TEF) grant of up to $2,523,850, which includes a bonus for hiring veterans, has been extended to Pentagon Federal Credit Union.

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