PenFed Named Winner of the 2019 NVTC Veterans Employment Initiative Veteran Service Award

Herndon, Virginia (December 13, 2019) - The Northern Virginia Technology Council (NVTC) Foundation’s Veterans Employment Initiative (VEI), along with Monster and, announced today that PenFed Credit Union is the winner of the fourth annual Veteran Service Award. The VEI Veteran Service Award is sponsored by Monster and and honors NVTC member companies who have demonstrated a superlative level of engagement with the VEI and support for the Veteran community. 

PenFed Credit Union, a Virginia Values Veterans (V3) certified company, was selected for their engagement of its talent acquisition team in developing better connections to job seeking Veterans and military spouses. PenFed also created a unique program, the Veterans Entrepreneur Investment Program (VEIP), focused on providing Veteran-owned start-ups with seed capital to build and grow their businesses. PenFed has long been a leader in supporting the larger Veteran and military family community through its PenFed Foundation which changes lives through financial education, home ownership and short-term emergency assistance. In addition to PenFed, CACI and AbleVets were named finalists for the award.

l-r Richard Montoni, Vice Chairman, MAXIMUS and Chairman of Northern Virginia Technology Council; Charlie Miles, Director of Military Programs,
PenFed; Steve Jordon, Executive Director, Veterans Employment Initiative and Vice President, Northern Virginia Technology Council Foundation,
Steve Cooker, Executive Vice President, Monster Worldwide and Co-Chair of the VEI Task Force; and James Schenck, CEO PenFed.

Launched in 2013, the NVTC Veterans Employment Initiative (VEI) connects Veterans and military spouses to employment, internship, apprenticeship and educational opportunities. It also provides support to NVTC member companies in their efforts to recruit, hire, train and retain qualified Veteran and military spouse employees. NVTC member companies that are V3 certified have hired over 16,000 Vets since 2013. 

”The VEI Veterans Service Award winner PenFed Credit Union, as well as our other two finalists- CACI and AbleVets, demonstrated the highest level of commitment to hiring Veterans, and they put that commitment into practice with programs and a deep engagement in our regional Veteran and military community,” said Steve Cooker, Executive Vice President of Monster Worldwide and Co-Chair of the NVTC Veterans Employment Initiative Task Force. “We are honored to be able to help recognize and celebrate their success in bringing Veteran and military spouse talent into their organizations.”

Finalists for the award were evaluated by an independent panel of judges on their Veteran and military spouse hiring and retention, participation in the VEI, and support of other Veteran and military-related activities in the community. Previous winners of the VEI Veteran Service Award were, The MITRE Corporation. PRISM Inc., and IntelliDyne, LLC. 

# # #


Kara Mauceri
Northern Virginia Technology Council (NVTC)
(301) 775-3322

Lexie Janney
Merritt Group
(703) 390-1531

About the Northern Virginia Technology Council

The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As one of the largest technology councils in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, nonprofit organizations, and governmental agencies. Through its member companies, NVTC represents about 350,000 employees in the region. NVTC is recognized as the nation’s leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; and the NVTC Foundation, a 501(c)(3) nonprofit charity that supports the NVTC Veterans Employment Initiative and other priorities within Virginia’s technology community. Visit NVTC at