How can I transfer funds between accounts at PenFed?

Transferring funds between accounts at PenFed Credit Union is a straightforward process. Members can utilize the online banking platform or the mobile app to manage their accounts efficiently. To initiate a transfer, members should first log into their online account or mobile app and navigate to the "Transfers" section. From there, they can choose the accounts between which they wish to transfer funds. This may include transferring from a checking account to a savings account, or vice versa. The system will prompt users to enter the amount they wish to transfer and may require confirmation before the transaction is finalized. It is important to note that transfers can usually be scheduled for immediate execution or set for a future date, depending on the user's preference. Additionally, members can also refer to the official website if they need more detailed instructions or assistance with the transfer process.