James Schenck is the PenFed Foundation CEO and the President & CEO of PenFed Credit Union. Since April 2014, James grew PenFed’s assets from $17.6 billion to $35.5 billion, increased membership from 1.3 million to 3.8 million, and generated $1.2 billion in net worth.
In 20 years on the PenFed leadership team, James led nearly every operating division, as well as PenFed Realty and the PenFed Foundation.
James is a graduate of the U.S. Military Academy West Point and Harvard Business School. James flew Black Hawk helicopters during his 13 years of service in the U.S. Army, trained other Army aviators, and taught Economics & Finance at West Point. During his assignment to the Pentagon, James received the Legion of Merit for his contribution to the Army. Always moving forward, James is constantly motivated to hire, inspire, and retain the best and brightest professionals to take perfect care of PenFed members and the Foundation’s veteran community.