PenFed Targets Site Location in Far North San Antonio

Less than two months after Pentagon Federal Credit Union (PenFed) announced it would open a new regional financial center in San Antonio, the Alexandria, VA-headquartered company has unveiled where it will operate. Specifically, the financial institution acquired adjacent sites in the far north metro.

PenFed plans to begin operations in April 2019 in a two-story, 146,000-square-foot building at 19500 Bulverde Rd., the former site of CST Brands The 12-acre site also has structured parking for more than 500 vehicles, and surface parking for more than 450 vehicles. The company also acquired an adjacent 16-acre site, which has the potential to hold 100,000 to 140,000 square feet.

The financial service center will create more than 500 jobs, including management positions in research, mortgage and loan operations, financial service center operations, collections, information technology and human resources.

Pictured: PenFed Headquarters, McLean, VA

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