This foundation exists because the financial needs of vets aren’t being met

Ward Carroll
Apr 2, 2018 9:41 AM PDT
1 minute read
This foundation exists because the financial needs of vets aren’t being met

SUMMARY

“Very simply, the PenFed Foundation exists because there are real financial needs facing America’s veterans and their caregivers that, frankly, are not currently being met,” says James Schenck, PenFed Credit Union and PenFed Foundation President …

"Very simply, the PenFed Foundation exists because there are real financial needs facing America's veterans and their caregivers that, frankly, are not currently being met," says James Schenck, PenFed Credit Union and PenFed Foundation President and CEO


The PenFed Foundation has four key programs to assist with veteran financial well-being:

  • Military Heroes Fund - Focused on keeping a medical emergency from becoming a financial one
  • Asset Recovery Kit -Offers interest-free loans and financial counseling to break the cycle of payday lending
  • Dream Makers - Providing closing cost assistance and other help to allow vets to realize the American dream of home ownership
  • Defenders Lodge -Safe, no-cost hotel for outpatient veterans and their caregivers at Palo Alto, CA's VA Med Center

Watch:

NEWSLETTER SIGNUP

Sign up for We Are The Mighty's newsletter and receive the mighty updates!

By signing up you agree to our We Are The Mighty's Terms of Use and We Are The Mighty's Privacy Policy.

SHARE