Partnerships
PenFed Credit Union Becomes Official National Credit Union of Texas A&M Athletics
By News Desk ·
Key takeaways
- PenFed Credit Union was named the Official National Credit Union of Texas A&M Athletics through a partnership facilitated by Aggie Sports Enterprises, a Playfly Sports property.
- The PenFed Entitlement Game against The Citadel on October 17 will recognize U.S. service members, veterans and their families.
- PenFed serves nearly 2.8 million members and holds $29 billion in assets, according to company records.
Texas A&M Athletics and Aggie Sports Enterprises named PenFed Credit Union the Official National Credit Union of Texas A&M Athletics, the organizations announced on October 15, 2026. The partnership covers integrated branding, fan engagement and military appreciation initiatives, PR Newswire reported.
How the Texas A&M Athletics Partnership Works
Aggie Sports Enterprises, a property of Playfly Sports and the multimedia rightsholder of Texas A&M Athletics, facilitated the agreement. The partnership places PenFed branding across Texas A&M Athletics properties and creates fan engagement opportunities tied to the university's tradition of service.
"We are proud to welcome PenFed to the Texas A&M Athletics family as the Official National Credit Union of Texas A&M Athletics," said Tom Severino, General Manager of Aggie Sports Enterprises. "Texas A&M and PenFed share a deep commitment to service, leadership and supporting those who have served our country."
Scott Akers, PenFed Senior Vice President and Chief Marketing Officer, said the credit union can honor servicemembers, veterans and their families while strengthening its connection with Aggie fans and potential members in Texas and nationwide. PenFed was founded in 1935 and has a longstanding commitment to the military community.
The PenFed Entitlement Game against The Citadel on October 17 will showcase the partnership through special recognition of U.S. service members, veterans and their families.
Playfly Sports secured a $250 million senior credit facility from Bain Capital Credit in September 2026, with Bain's Private Credit Group as lead lender, Pulse 2.0 reported. The financing supports the sports revenue platform's growth.
PenFed's Scale Behind the Agreement
PenFed Credit Union serves nearly 2.8 million members and holds $29 billion in total assets as of 2026, according to akta.pro company records. The credit union reported net worth of over $3 billion during its 2026 Annual Meeting. PenFed partnered with InvestiFi in April 2026 to embed self-directed securities investing and robo-advisory services inside its mobile and online banking platforms.
PenFed's Recent Card and Community Moves
PenFed launched the PenFed Defender Rewards Visa Signature card for military members on October 8, 2026, offering 3X points at commissaries and exchange stores, PR Newswire reported. NerdWallet reported on September 10, 2026, that the card carries no annual fee and a 15,000-point welcome bonus after $1,500 in spending.
PenFed held a three-day employee bike build at its San Antonio Service Center on July 28–30, 2026, with Bikes for Goodness Sake, assembling 15 bicycles for the San Antonio Police Department's Blue Santa and Earn a Bike youth programs, PRweb reported.
What Comes Next for the Partnership
The PenFed Entitlement Game against The Citadel takes place on October 17, 2026, at Texas A&M.