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Membership
Who is PenFed?
PenFed is a federally insured credit
union that serves the financial needs of
over 1.2 million members worldwide.
PenFed is a full services financial
institution that dominates the market
with low rates on mortgages, car
loans and low cost credit cards.
Why choose PenFed?
PenFed pays you with low rates and high
yields, few or no fees, great rewards, and
secure online convenience.
Who can join?
•	All Branches of the U.S. Military,
plus employees of the Department
of Defense and Department
of Homeland Security.
•	Not a member of the Military? No
problem, anyone can join through a
variety of methods. If you’re not sure
of your eligibility, please check “None
of the above” in the eligibility section
of the membership application.
How do I join?
Visit PenFed.org/JoinUs, call
800-247-5626, or complete the
attached form and mail to:
PenFed
Attention: Membership
P.O. Box 70046
Springfield, OR 97475-0103
Please remember to fund your
Regular Share (savings) account
with a $5 minimum balance.
Online Banking and Billpay
Save time and money with online
banking and billpay. Visit PenFed.org
for more information.
Mobile Banking
Now you can bank wherever you go.
Visit PenFed.org/Mobile for mobile
banking.
E-Statement Notification
Enjoy the convenience and security of
E-statements and avoid paying a paper
statement fee.
Member Discounts
Save on car rentals, hotels, insurance,
investments, tax preparation, and more.
Visit PenFed.org/Member-Discounts.
Convenient ATM Access
Our network of ATMs and point-of-sale
locations worldwide ensure you’ll never
be far from your money.
Visit PenFed.org/ATM to find an ATM
near you.
The Perfect Mortgage
•	Adjustable Rate Mortgages
•	Fixed-Rate and VA Fixed-Rate
Mortgages
•	Rates near historical lows
•	Jumbo and Conforming
•	Loans up to $4 million
The Perfect Car Loan
Our members have taken advantage of
competitive low-rates on new, used and
refinanced car loans (all model years).
Effective August 2013. Federally insured by the NCUA.
Award Winning Credit Cards
PenFed offers a suite of credit cards
for your every need including the
award-winning PenFed Premium
Travel Rewards American Express®
Card, PenFed Platinum Rewards Visa
Signature® Card, and the PenFed Visa
Promise Card.
Visit PenFed.org/MyCard for complete
details.
PenFed Membership Application
PENFED MEMBERSHIP APPLICATION
Full legal name: Social Security number:
Date of birth: E-mail address:
Mailing address (street/city/state/zip):
Day phone: Evening phone:
Physical address (street/city/state/zip):
Employer name: Job title/rank: 	  Not employed  Student
 So that I may avoid paying a $1.00 fee for mailed paper statements, please sign me up for FREE e-statement notification. I understand that I will
receive an e-mail with further instructions.
ELIGIBILITY
Currently employed with or retired from:  Air Force  Army  Coast Guard  Navy  Marines  DoD  DHS
 Reserve or National Guard  Other:
Grade/rank:
Member of:  ASMC  CGAuxA  MARINE CORPS LEAGUE  MOAA  NAUS  NAVY LEAGUE  ROA  SAME  USAWOA
 Other
Family Member: Name: Relationship: Social Security number:
American Red Cross:  volunteer  employee
None of the above: 
JOINT OWNERSHIP/BENEFICIARY (OPTIONAL)
None: Individual ownership. On your death, ownership of the account passes as a part of your estate under your will, trust, or by intestacy.
 Joint Account with Survivorship: On the death of a party of the account, the deceased party’s ownership in the account passes to the surviving
party or parties to the account.
 Joint Account without Survivorship: On the death of a party of the account, the deceased party’s ownership in the account passes as a part of
the party’s estate under the party’s will, trust, or by intestacy.
I/We have read the attached Account Agreements and agree to comply with all its terms and conditions.
Full legal name: Social Security number: Date of birth:
Physical address (street/city/state/zip):
Joint owner signature: Member signature:
Full legal name: Social Security number: Date of birth:
Physical address (street/city/state/zip):
Joint owner signature: Member signature:
BENEFICIARY DESIGNATION
If more than one beneficiary is named, all beneficiaries will have an equal share. Upon death of all owners, this account shall be payable to:
Full legal name: Social Security number: Date of birth:
Physical address (street/city/state/zip):
Full legal name: Social Security number: Date of birth:
Physical address (street/city/state/zip):
SIGNATURE: Date:
OfficeUse
Date Processed: HOGAN ID:
Member Number: Branch Opened:
Membership Officer Verification:
Type of ID: Expiration Date:
Place of Issuance: Date of Issuance:
ID Number:
IherebymakeapplicationformembershipinthePentagonFederalCreditUnion
(PenFed).IhavereadtheattachedMembershipandJointAccountAgreement
and,ifaccepted,Iagreetocomplywiththesetermsandanyamendmentsthereto,
andtosubscribetoatleastoneshare.IauthorizePentagonFederalCreditUnion
to obtain a credit report to determine my eligibility for this account or other
financialservicesImayrequest.Underpenaltiesofperjury,Icertifythat:1)the
numbershownonthisformismycorrecttaxpayeridentificationnumber;and2)
Iamnotsubjecttobackupwithholdingbecause(a)Iamexempt
frombackupwithholding,or(b)asaresultofafailuretoreport
allinterestordividends,or(c)theIRShasnotifiedmethatIam
nolongersubjecttobackupwithholding(crossoutthissectionifyou
aresubjecttowithholding);3)IamaU.S.person(includingaU.S.residentalien).
TheInternalRevenueServicedoesnotrequireyourconsenttoanyprovisionof
thisdocumentotherthanthecertificationsrequiredtoavoidbackupwithholding.
Effective August 2013
PenFedisfederallyinsuredbytheNationalCreditUnionAdministration(NCUA).Theinformationinthis
formiscurrentasofAugust2013andissubjecttochange.Todetermineifanychangeshaveoccurredsince
printing,call800-247-5626.Ouraddress,in­accordancewithNYLaw,is2930EisenhowerAvenue,Alexandria,
VA 22314.	 	 © 2013, Pentagon Federal Credit Union. All rights reserved.
Form 13 Web  8/13
Thewords“I”,“me”,“my”,“myself”meaneachpersonsigningthemembershipapplication/signaturecardincluding
anyone who has access to the account(s).
1. 	 IunderstandthatthisaccountshallbegovernedbytheCodeofVirginia,federallaws,NationalCreditUnionAdministration
(NCUA)RulesandRegulationsandthebylawsandpoliciesandproceduresoftheCreditUnionandanyamendments
thereto.Thisaccountshallbesubjecttoothertermsandconditionswhicharesubjecttochangeuponnoticetome.
2. 	 I agree that PenFed has the right pursuant to its statutory lien and further, I give my express consent to enable
PenFed to charge against any balance in any of my PenFed accounts, including accounts on which I am a joint
owner,toincludeanyotherwisestatutorilyprotectedfundsthatmaynototherwisebeavailablebylegalprocess,to
liquidateanyPenFedindebtedness,owedbymeoranypersonwhoislistedasajointowneronmyaccountswith
PenFed,includingadeceasedjointowner.ThisprovisiondoesnotincludemyIRAaccountoranyotheraccountfor
whichthisprovisionisnotpermittedunderInternalRevenueCode.PenFedmaytakesuchactionwithoutfurther
noticetomeoranyjointowner.InregardtothosefundsthathaveastatutoryprotectionIunderstandthatImay
withdrawmyexpressconsentforPenFedtoapplysuchfundstopayanysuchindebtednessbynotifyingPenFed
inwriting.Ifmyconsentiswithdrawn,PenFedmayinitssolediscretionterminateanyandallservicesthatIhave
with the credit union.
3.	 IexpresslyauthorizePenFedtoprocureuponitsrequestfromanyperson,partnership,creditreportingagency,associa-
tion,firm,orcorporationacreditreportandforsuchpersontofurnishPenFedwithsaidcreditreportconcerningany
financialserviceImayrequestorobtainfromPenFedaswellasanysubsequentre-evaluationofanysuchfinancial
service.
4.	 If I have caused PenFed to incur any loss due to my activities, or if any account at PenFed is maintained by me
in a manner that PenFed, in its sole discretion, deems contrary to sound financial practice, I agree that PenFed
mayterminateallaccountsorserviceswhichImayreceivefromPenFedwiththeexceptionofmyRegularShare
account.
5.	 IunderstandthatifallmysharesinPenFedarewithdrawn,mymembershipinPenFedmaybeterminated.Funds
in my accounts will be subject to collection through normal banking channels and PenFed’s hold policy.
6.	 I agree that my share accounts are not transferable except on the records of PenFed.
7.	 IagreethatpaymentofmoneyintheaccountonthewritteninstructionsofanyauthorizedpersonexcusesPenFed
of any further legal obligation regarding the proceeds of the transaction. I agree to indemnify and hold PenFed
harmless from any suits or liability, directly or indirectly, resulting from the handling of the account consistent
withthewritteninstructionsofanyauthorizedperson.PenFedmayrefusetohonormyinstructionifitisunclear
or the signature appears not to be authentic.
8.	 Any financial service provided by PenFed may be used for any transaction permitted by law. I agree that illegal
use of any financial service will be deemed an action of default and/or breach of contract and such service and/
or other related services may be terminated in PenFed’s discretion. I further agree, should illegal use occur, to
waiveanyrighttosuePenFedforsuchillegaluseoranyactivitydirectlyorindirectlyrelatedtoitandadditionallyI
agreetoindemnifyandholdPenFedharmlessfromanysuitsorotherlegalactionorliability,directlyorindirectly,
resulting from such illegal use.
9.	 Ifanyofmyaccounts,eithernoworinthefutureareestablishedasajointaccount,PenFedisherebyauthorizedto
recognizeanyoneofthesignaturessubscribedheretointhepaymentoffundsorthetransactionofanybusiness
for this account. The joint owners of this account hereby agree with each other and with said credit union that
allsumsnowpaidinonshares,orheretoforeorhereafterpaidonshares,byanyorallofthesaidjointownersto
theircreditassuchjointowners,withallaccumulationsthereon,areandshallbeownedbythemjointly,andbe
subjecttothewithdrawalorreceiptofanyoneofthemandpaymenttoanyoneofthemorthesurvivor(s)orthe
estate(s) of the deceased joint owner(s)—according to the type of joint share account selected, as evidenced
by the signatures subscribed hereto—shall be valid and discharge said credit union from any liability for such
payment.AjointownerwhoisaPenFedmembermaypledgeallorpartofthesharesinajointaccountascollateral
securityforaloanorloans,andPenFedisauthorizedtochargeatanytimeagainstthisaccountanyindebtedness
owing to it by any of the joint owners.
MEMBERSHIP AGREEMENT
IMPORTANT: PLEASE READ AND RETAIN FOR YOUR RECORDS
IMPORTANT: PLEASE READ AND RETAIN FOR YOUR RECORDS

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  • 1. Membership Who is PenFed? PenFed is a federally insured credit union that serves the financial needs of over 1.2 million members worldwide. PenFed is a full services financial institution that dominates the market with low rates on mortgages, car loans and low cost credit cards. Why choose PenFed? PenFed pays you with low rates and high yields, few or no fees, great rewards, and secure online convenience. Who can join? • All Branches of the U.S. Military, plus employees of the Department of Defense and Department of Homeland Security. • Not a member of the Military? No problem, anyone can join through a variety of methods. If you’re not sure of your eligibility, please check “None of the above” in the eligibility section of the membership application. How do I join? Visit PenFed.org/JoinUs, call 800-247-5626, or complete the attached form and mail to: PenFed Attention: Membership P.O. Box 70046 Springfield, OR 97475-0103 Please remember to fund your Regular Share (savings) account with a $5 minimum balance. Online Banking and Billpay Save time and money with online banking and billpay. Visit PenFed.org for more information. Mobile Banking Now you can bank wherever you go. Visit PenFed.org/Mobile for mobile banking. E-Statement Notification Enjoy the convenience and security of E-statements and avoid paying a paper statement fee. Member Discounts Save on car rentals, hotels, insurance, investments, tax preparation, and more. Visit PenFed.org/Member-Discounts. Convenient ATM Access Our network of ATMs and point-of-sale locations worldwide ensure you’ll never be far from your money. Visit PenFed.org/ATM to find an ATM near you. The Perfect Mortgage • Adjustable Rate Mortgages • Fixed-Rate and VA Fixed-Rate Mortgages • Rates near historical lows • Jumbo and Conforming • Loans up to $4 million The Perfect Car Loan Our members have taken advantage of competitive low-rates on new, used and refinanced car loans (all model years). Effective August 2013. Federally insured by the NCUA. Award Winning Credit Cards PenFed offers a suite of credit cards for your every need including the award-winning PenFed Premium Travel Rewards American Express® Card, PenFed Platinum Rewards Visa Signature® Card, and the PenFed Visa Promise Card. Visit PenFed.org/MyCard for complete details.
  • 2. PenFed Membership Application PENFED MEMBERSHIP APPLICATION Full legal name: Social Security number: Date of birth: E-mail address: Mailing address (street/city/state/zip): Day phone: Evening phone: Physical address (street/city/state/zip): Employer name: Job title/rank:  Not employed  Student  So that I may avoid paying a $1.00 fee for mailed paper statements, please sign me up for FREE e-statement notification. I understand that I will receive an e-mail with further instructions. ELIGIBILITY Currently employed with or retired from:  Air Force  Army  Coast Guard  Navy  Marines  DoD  DHS  Reserve or National Guard  Other: Grade/rank: Member of:  ASMC  CGAuxA  MARINE CORPS LEAGUE  MOAA  NAUS  NAVY LEAGUE  ROA  SAME  USAWOA  Other Family Member: Name: Relationship: Social Security number: American Red Cross:  volunteer  employee None of the above:  JOINT OWNERSHIP/BENEFICIARY (OPTIONAL) None: Individual ownership. On your death, ownership of the account passes as a part of your estate under your will, trust, or by intestacy.  Joint Account with Survivorship: On the death of a party of the account, the deceased party’s ownership in the account passes to the surviving party or parties to the account.  Joint Account without Survivorship: On the death of a party of the account, the deceased party’s ownership in the account passes as a part of the party’s estate under the party’s will, trust, or by intestacy. I/We have read the attached Account Agreements and agree to comply with all its terms and conditions. Full legal name: Social Security number: Date of birth: Physical address (street/city/state/zip): Joint owner signature: Member signature: Full legal name: Social Security number: Date of birth: Physical address (street/city/state/zip): Joint owner signature: Member signature: BENEFICIARY DESIGNATION If more than one beneficiary is named, all beneficiaries will have an equal share. Upon death of all owners, this account shall be payable to: Full legal name: Social Security number: Date of birth: Physical address (street/city/state/zip): Full legal name: Social Security number: Date of birth: Physical address (street/city/state/zip): SIGNATURE: Date: OfficeUse Date Processed: HOGAN ID: Member Number: Branch Opened: Membership Officer Verification: Type of ID: Expiration Date: Place of Issuance: Date of Issuance: ID Number: IherebymakeapplicationformembershipinthePentagonFederalCreditUnion (PenFed).IhavereadtheattachedMembershipandJointAccountAgreement and,ifaccepted,Iagreetocomplywiththesetermsandanyamendmentsthereto, andtosubscribetoatleastoneshare.IauthorizePentagonFederalCreditUnion to obtain a credit report to determine my eligibility for this account or other financialservicesImayrequest.Underpenaltiesofperjury,Icertifythat:1)the numbershownonthisformismycorrecttaxpayeridentificationnumber;and2) Iamnotsubjecttobackupwithholdingbecause(a)Iamexempt frombackupwithholding,or(b)asaresultofafailuretoreport allinterestordividends,or(c)theIRShasnotifiedmethatIam nolongersubjecttobackupwithholding(crossoutthissectionifyou aresubjecttowithholding);3)IamaU.S.person(includingaU.S.residentalien). TheInternalRevenueServicedoesnotrequireyourconsenttoanyprovisionof thisdocumentotherthanthecertificationsrequiredtoavoidbackupwithholding. Effective August 2013
  • 3. PenFedisfederallyinsuredbytheNationalCreditUnionAdministration(NCUA).Theinformationinthis formiscurrentasofAugust2013andissubjecttochange.Todetermineifanychangeshaveoccurredsince printing,call800-247-5626.Ouraddress,in­accordancewithNYLaw,is2930EisenhowerAvenue,Alexandria, VA 22314. © 2013, Pentagon Federal Credit Union. All rights reserved. Form 13 Web  8/13 Thewords“I”,“me”,“my”,“myself”meaneachpersonsigningthemembershipapplication/signaturecardincluding anyone who has access to the account(s). 1. IunderstandthatthisaccountshallbegovernedbytheCodeofVirginia,federallaws,NationalCreditUnionAdministration (NCUA)RulesandRegulationsandthebylawsandpoliciesandproceduresoftheCreditUnionandanyamendments thereto.Thisaccountshallbesubjecttoothertermsandconditionswhicharesubjecttochangeuponnoticetome. 2. I agree that PenFed has the right pursuant to its statutory lien and further, I give my express consent to enable PenFed to charge against any balance in any of my PenFed accounts, including accounts on which I am a joint owner,toincludeanyotherwisestatutorilyprotectedfundsthatmaynototherwisebeavailablebylegalprocess,to liquidateanyPenFedindebtedness,owedbymeoranypersonwhoislistedasajointowneronmyaccountswith PenFed,includingadeceasedjointowner.ThisprovisiondoesnotincludemyIRAaccountoranyotheraccountfor whichthisprovisionisnotpermittedunderInternalRevenueCode.PenFedmaytakesuchactionwithoutfurther noticetomeoranyjointowner.InregardtothosefundsthathaveastatutoryprotectionIunderstandthatImay withdrawmyexpressconsentforPenFedtoapplysuchfundstopayanysuchindebtednessbynotifyingPenFed inwriting.Ifmyconsentiswithdrawn,PenFedmayinitssolediscretionterminateanyandallservicesthatIhave with the credit union. 3. IexpresslyauthorizePenFedtoprocureuponitsrequestfromanyperson,partnership,creditreportingagency,associa- tion,firm,orcorporationacreditreportandforsuchpersontofurnishPenFedwithsaidcreditreportconcerningany financialserviceImayrequestorobtainfromPenFedaswellasanysubsequentre-evaluationofanysuchfinancial service. 4. If I have caused PenFed to incur any loss due to my activities, or if any account at PenFed is maintained by me in a manner that PenFed, in its sole discretion, deems contrary to sound financial practice, I agree that PenFed mayterminateallaccountsorserviceswhichImayreceivefromPenFedwiththeexceptionofmyRegularShare account. 5. IunderstandthatifallmysharesinPenFedarewithdrawn,mymembershipinPenFedmaybeterminated.Funds in my accounts will be subject to collection through normal banking channels and PenFed’s hold policy. 6. I agree that my share accounts are not transferable except on the records of PenFed. 7. IagreethatpaymentofmoneyintheaccountonthewritteninstructionsofanyauthorizedpersonexcusesPenFed of any further legal obligation regarding the proceeds of the transaction. I agree to indemnify and hold PenFed harmless from any suits or liability, directly or indirectly, resulting from the handling of the account consistent withthewritteninstructionsofanyauthorizedperson.PenFedmayrefusetohonormyinstructionifitisunclear or the signature appears not to be authentic. 8. Any financial service provided by PenFed may be used for any transaction permitted by law. I agree that illegal use of any financial service will be deemed an action of default and/or breach of contract and such service and/ or other related services may be terminated in PenFed’s discretion. I further agree, should illegal use occur, to waiveanyrighttosuePenFedforsuchillegaluseoranyactivitydirectlyorindirectlyrelatedtoitandadditionallyI agreetoindemnifyandholdPenFedharmlessfromanysuitsorotherlegalactionorliability,directlyorindirectly, resulting from such illegal use. 9. Ifanyofmyaccounts,eithernoworinthefutureareestablishedasajointaccount,PenFedisherebyauthorizedto recognizeanyoneofthesignaturessubscribedheretointhepaymentoffundsorthetransactionofanybusiness for this account. The joint owners of this account hereby agree with each other and with said credit union that allsumsnowpaidinonshares,orheretoforeorhereafterpaidonshares,byanyorallofthesaidjointownersto theircreditassuchjointowners,withallaccumulationsthereon,areandshallbeownedbythemjointly,andbe subjecttothewithdrawalorreceiptofanyoneofthemandpaymenttoanyoneofthemorthesurvivor(s)orthe estate(s) of the deceased joint owner(s)—according to the type of joint share account selected, as evidenced by the signatures subscribed hereto—shall be valid and discharge said credit union from any liability for such payment.AjointownerwhoisaPenFedmembermaypledgeallorpartofthesharesinajointaccountascollateral securityforaloanorloans,andPenFedisauthorizedtochargeatanytimeagainstthisaccountanyindebtedness owing to it by any of the joint owners. MEMBERSHIP AGREEMENT IMPORTANT: PLEASE READ AND RETAIN FOR YOUR RECORDS IMPORTANT: PLEASE READ AND RETAIN FOR YOUR RECORDS