PenFed Credit Union Partners with InvestiFi to Embed Investing Tools

PenFed Credit Union announced a partnership with fintech firm InvestiFi on Apr 20, 2026, to integrate embedded investing capabilities into its mobile and online banking platforms. Under the agreement, InvestiFi will provide investment tools that PenFed members can access without leaving their existing banking experience. The deal removes the need for members to navigate to a separate brokerage platform.

Financial terms were not disclosed. PenFed is one of the largest credit unions in the United States and serves millions of members, giving InvestiFi broad distribution reach. The partnership adds investment functionality to PenFed's digital banking services, pairing traditional banking with embedded finance from a specialist provider.