PenFed Supports New Partnership Between Elite Athletes and Wounded Warriors

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Military Mentorship Program is another way the credit union is supporting our nation's heroes

WASHINGTON, D.C.-PenFed (Pentagon Federal Credit Union), one of the largest credit unions in the country, is supporting a groundbreaking initiative called the Military Mentorship Program to bring together top athletes and members of the U.S. military to motivate and inspire each other. The program, in partnership with the U.S. Ski and Snowboard Association (USSA), is the latest initiative by the credit union to help members of America's military community.

"Top athletes such as those of the U.S. Ski and Snowboard Association share a similar intensity and sense of purpose, commitment, and zeal with America's defenders. It is reflected in how they think and physically prepare," said James Schenck, president and CEO of PenFed. "It was an easy yes answer for us when PenFed was asked to sponsor this first-of-its-kind mentorship program."

Founded by Army veteran and former U.S. Ski Team member and coach Robi Powers, the Military Mentorship Program brings wounded warriors and retired service members together with top USSA Olympic athletes to share stories of overcoming obstacles.

With low-interest credit cards, affordable auto loans, and high-yield savings accounts, PenFed helps members of the military secure their financial futures. Since 2001, it has also founded and supported the Pentagon Federal Credit Union Foundation (PenFed Foundation) programs on financial literacy, first-time home buying assistance, and support for wounded warriors. And earlier this month, Prudential PenFed Realty; which is wholly-owned by PenFed, launched the Real Heroes Program to help members of the military transition into a civil career in real estate.

The Military Mentorship Program builds on those and other PenFed initiatives. Earlier this year, the program held an event in Park City, Utah, which featured Marine Corps Col. (Ret.) John Bates, a three-time recipient of the Purple Heart; and Army Col. (Ret.) Danny McKnight, a recipient of the Purple Heart who took enemy fire in Somalia, as chronicled in the movie "Black Hawk Down."

"Whether you're trying to win a world championship on an icy mountain or keep the peace in a remote part of the world, much of your performance relies on your own character and the commitment of the team around you," said Luke Bodensteiner, executive vice president of athletics for USSA. "Our nation's top athletes and members of our military both understand the importance of dedicated preparation, unwavering commitment, and steadfast determination. Through this program we give them the opportunity to share best practices and insights into their experiences in a collaborative setting."

Media Contact: Alison Beckwith, 301-699-0148, media@formulasportsgroup.com

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