ALEXANDRIA, Va.—Pentagon Federal Credit Union has absorbed via merger Augusta, Ga.-based Fort Gordon and Community Credit Union.
Fort Gordon and Community CU had $65 million in assets and 6,200 members.
“It is in the PenFed DNA to serve the military and all who support our national defense community—a fact that makes this partnership with Fort Gordon and Community Credit Union all the more special,” said PenFed CEO James Schenck in a released statement. “Our mission to support the nation’s defenders is bigger than us, and PenFed will continue to invest in ways to better serve those who sacrifice so much for the freedoms we enjoy.”
The $19-billion PenFed merged in three credit unions with military ties during 2015; Fort Gordon is its first of 2016.