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PenFed Credit Union Builds Momentum Through the Second Quarter of 2026

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Member-Focused Flywheel Accelerates as Mortgages, Consumer Lending, Support Services and Digital Banking Drive Continued Member Value

TYSONS, Va., July 29, 2026 /PRNewswire/ — PenFed Credit Union, one of the nation’s largest federal credit unions, reported strong year-to-date financial results through the second quarter of 2026, driven by the momentum of a member-focused flywheel of competitive rates, disciplined growth, exceptional service and continued digital innovation.

“PenFed’s second quarter results show the power of our flywheel in action,” said James Schenck, PenFed President and CEO. “When we deliver great rates, easy digital access, responsive service and responsible lending solutions, members respond, and that momentum strengthens our ability to serve even more members through every rate environment. PenFed has grown assets at a 9% compound annual growth rate from 2006 to 2026 while remaining focused on helping members achieve their financial dreams. Our mortgage and consumer lending continues to see accelerating volumes across all product lines on a year-over-year basis, while our support services teams on the phones and in branches continue to earn the highest consumer satisfaction scores. Our IT teams are also powering top-rated mobile and web experiences that process more than 13 million member interactions each month. I am incredibly proud of our employees and the momentum we have built through disciplined execution, thoughtful decision-making and an unwavering commitment to excellence.”

PenFed’s Q2 2026 Financial Highlights

Lending Momentum and Member Growth

Accelerated year-to-date auto loan originations to $1.3 billion, (up 49% year-over-year), reflecting strong member demand and competitive pricing.Increased year-to-date home equity line of credit originations to $766 million, (up 16% year-over-year), reflecting PenFed’s competitive home equity solutions.Increased year-to-date mortgage originations to $1.2 billion, (up 83% year-over-year), reflecting PenFed’s streamlined, service-focused home-lending experience.Grew year-to-date consumer lending volumes by nearly $490 million across product lines (up 15% year-over-year), reflecting increased member engagement and the flywheel effect of strong value, trusted service and digital access.

Earnings Growth

Reported year-to-date net income of $144 million, (up 73% year-over-year), supported operating discipline and credit performance.Increased year-to-date return on assets to 0.98%, (up 80% year-over-year), reflecting continued operating performance.

Capital and Liquidity Strength

Increased net worth ratio to 10.72%, reflecting strong year-to-date earnings and disciplined balance sheet management.Increased capital in excess of required regulatory net worth to $1.1 billion, further strengthening PenFed’s capital position.Maintained strong liquidity with total cash and investments at 17.0% of total assets, supporting member growth and continued financial strength.

Credit Quality and Risk Management

Improved year-to-date loan loss rate to 1.28%, (down 27% year-over-year), reflecting continued credit discipline, proactive portfolio management and improving performance trends.Improved year-to-date total delinquencies to $251 million, (down 13% year-over-year).

Member Experience and Digital Engagement

Support services teams on the phones and in branches continue to receive PenFed’s highest consumer satisfaction scores. These results reflect the strength of PenFed’s service culture and the commitment of employees who help members every day.PenFed’s IT teams continue to deliver top-rated mobile and web experiences that process more than 13 million member interactions each month, helping members manage their financial lives with speed, confidence and convenience.

Community Impact

Year to date, PenFed has contributed nearly $1 million in total community giving, supporting organizations and initiatives that advance financial well-being, military and veteran support, education, health and family services.PenFed sponsored and supported the Spring into Reading Book Fair at Children’s National Hospital, helping bring joy, comfort and a sense of normalcy to patients and families during their healthcare journey. The PenFed executive leadership team and employees volunteered, welcoming more than 420 visitors and distributing 818 books, serving more than 250 patients and siblings.

About PenFed Credit Union
Established in 1935, Pentagon Federal Credit Union (PenFed) is one of America’s largest federal credit unions, serving nearly 2.8 million members worldwide with $29 billion in assets. PenFed Credit Union offers market-leading certificates, checking, credit cards, personal loans, mortgages, auto loans, student loans, and a wide range of other financial services with members’ interests always in mind. PenFed Credit Union is federally insured by the NCUA and is an Equal Housing Lender. To learn more about PenFed Credit Union, visit PenFed.org, like us on Facebook and follow us @PenFed on X. Interested in working for PenFed? Check us out on LinkedIn. We are proud to be an Equal Employment Opportunity Employer.

View original content to download multimedia:https://www.prnewswire.com/news-releases/penfed-credit-union-builds-momentum-through-the-second-quarter-of-2026-302838282.html

SOURCE PenFed Credit Union

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GreenCore Solutions Corp. (GSC) Launches — Agency Partner Program (APP) — AI Agents for Agency CPG Clients

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At 9.5 million AI Agent transactions a month, GSC leads the market — the right choice for white-label B2B in CPG and retail grocery, the accounts agencies already know well. Agencies are the known experts of the CPG space, and B2B just went agentic — 4–6x the B2C market. Let’s do B2B together: your brand, under 10 days to live.

VANCOUVER, BC, LONDON and SYDNEY, Aug. 1, 2026 /PRNewswire/ –GreenCore Solutions Corp. (GSC) today announced the GSC Agency Partner Program (APP) — a white-label partner program that lets advertising agencies power their Beauty & Personal Care (BPC) clients in consumer packaged goods (CPG) B2B agentic procurement. Under APP, GSC white-labels its AI Agents, the CPG Knowledge Graph, and per-client telemetry beneath the agency’s own brand: the agency keeps its accounts, its rate card, and its name on every surface, while GSC runs the managed services on the back end. The program opens a new recurring B2B revenue line for agencies — and a procurement edge at the retail grocery gates — for the clients they already own.

For fifty years, agencies monetized the consumer half of commerce. The other half just changed sides first: Gartner’s Strategic Predictions for 2026 projects that by 2028, 90% of B2B buying will be AI-agent intermediated, pushing over $15 trillion of B2B spend through agent exchanges — with traditional SEO and PPC giving way to agent engine optimization as products become machine-readable and procurement shifts to autonomous machine-to-machine transactions. Cloudflare Radar confirms the traffic has already turned: agentic traffic passed human traffic on the open internet in June 2026 and stands at roughly 60% today. AI agents do not read advertisements. APP gives agencies the successor product line.

What Agencies White-Label

Every APP partner operates on the production estate GSC already runs at scale: the CPG Knowledge Graph — 2 billion resolved datapoints spanning 38,350 BPC brands, 15,495 makers, and 15,688 retail grocery banners with 3.29 million points of sale across 50 global markets — carrying 9.5 million+ inbound AI Agent transactions a month, an estimated 15–20% of the world’s agentic grocery procurement traffic. Agencies receive an agency-branded partner portal, agent JSONs and ghost headers carrying their own name, machine-readable catalog feeds, and client dashboards streaming the per-client agent telemetry the Web 2.0 measurement stack cannot see. GSC never appears client-side.

Four MCP Servers, Two Open Protocols

APP runs on the protocols SAP, Google, and Microsoft standardized on for agentic commerce — MCP and A2A — through four MCP servers: the Catalog MCP (the CPG Knowledge Graph, live at mcp.cpgknowledgegraph.ai), the Procurement MCP (the retail grocery gate, with a human command on every purchase order via GSC Navigator), the Telemetry MCP (per-client agent traffic and transactions), and the Partner MCP (each agency’s own agent card and endpoint — the agency itself, discoverable in the agent economy under its own brand). Buying agents meet the program on its dedicated machine surface, gsc-agency.io — an AI Agent surface, not a website for humans.

Book → Brand → Market → Live

Onboarding is a conversation, not a construction project. Agencies map their BPC and CPG client book against the graph — most clients are very likely already mapped — take delivery of their white-label identity, and choose their level: local, regional, or global, across 50 markets in the Americas, UK, EU, Latin America, and Asia-Pacific. The first client is live in the agentic B2B procurement market in under 10 days, billed on the agency’s paper at the agency’s rate card. Against a global 3:1 shortage of the AI software engineering specialists this stack requires, the build-or-partner math is short: DIY waits; partners ship. And everything lands with sustainability and local delivery built in — hyperscale-grade security on Microsoft Azure, served from GSC’s in-region sovereign nodes, at up to 80% lower token use and energy than the generalist norm.

“Agencies are the masters of audiences — and GSC arrives holding a new one: 9.5 million agent transactions a month,” said Matthew Keddy, CEO, GreenCore Solutions Corp. (GSC). “We arm your agency with fleets of B2B AI Agents — CPG and Beauty & Personal Care (BPC), straight to retail grocery procurement, where grocery spends over $2 trillion a year. Come to the B2B side: bring your best and brightest, put our AI Agent Stack under your brand, and expand your agentic portfolio — your agency, your accounts, your clients, with GSC working the back end quietly. Here’s the audience. Call us — we’ll meet you. 3.29 million retail points of sale across 15,688 banners are waiting — partner local, regional, or global.”

Availability

The GSC Agency Partner Program launches as a limited, exclusive market run for advertising agencies with Beauty & Personal Care and CPG client portfolios — starting in London, UK (uk.gsc-agency.ai); Paris, France (eu.gsc-agency.ai); and Mexico City, Mexico (latam.gsc-agency.ai) — partnering at local, regional, or global level across 50 markets. Placements are limited per market. Agencies start the conversation at gsc-agency.ai for more insights. Thousands of GSC AI Agents stand pre-positioned on Microsoft Azure, in each region — ready for APP fleets from day one.

About GreenCore Solutions Corp. (GSC)

GreenCore Solutions Corp. (GSC) builds AI Agents with the CPG Knowledge Graph, powered by SPARKS, delivered on MCP + A2A + ACM-68000. An estimated 15–20% of the world’s agentic procurement transaction traffic across retail grocery runs on GSC. GSC AI Agents run sustainable, transact safe, human in the loop, and live on Microsoft Azure and Google Cloud. GSC is a Microsoft AI Cloud Partner — Crunchbase Global Rank 393 of 4.3 million as of July 2026. D-U-N-S 24-336-6774.

About GSC Agentic Pty. Ltd.

GSC Agentic Pty. Ltd., headquartered in Sydney, Australia, is the Asia-Pacific joint venture delivering the GSC AI Agent Stack across APAC markets.

View original content:https://www.prnewswire.com/apac/news-releases/greencore-solutions-corp-gsc-launches–agency-partner-program-app–ai-agents-for-agency-cpg-clients-302840467.html

SOURCE Greencore Solutions Corp.

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OneGov Launches “Pro”: A Dedicated Research Desk on Every Seat for Government Affairs Teams

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New tier brings AI Deep Research, policy dossiers, and committee intelligence to legislative professionals across all 50 states and Congress

AUSTIN, Texas, July 31, 2026 /PRNewswire/ — OneGov, the 50-state legislative intelligence platform, today announced the launch of OneGov Pro, a new tier built for government affairs teams that need to go deeper than tracking. Pro turns the everyday work of a research analyst — the kind that used to take a week of desk work — into cited answers and briefing-ready dossiers the same afternoon.

“Everything in OneGov, plus a research desk for teams that go deeper,” is how the company frames it. Where the core platform tracks bills, members, and committees across every state, Pro layers on the heaviest research and monitoring tools — on every seat.

A dedicated research analyst, on retainer

At the center of Pro are two flagship capabilities:

Deep Research — AI-powered, citation-backed answers to hard policy questions across every state and Congress. Ask the questions that used to take days; get research-grade answers with sources in seconds.Policy Dossiers — comprehensive, AI-generated issue briefs on any policy area, produced in minutes rather than weeks.

Pro extends well beyond research. The tier also includes:

AI Committee Intelligence — search committee summaries in natural language to surface emerging trends and policy risks, with saved and scheduled recurring queries.Statutes & Regulations monitoring — search state statutes and administrative rules, with automatic rulemaking alerts when proposed rules match tracked bill keywords.Lobbyist and company tracking — alerts the moment lobbyists capture testimony or change clients, plus monitoring of the organizations connected to your issues.Scheduled branded reports, shared workspaces, in-app team chat, a live-action feed window, and integrations with Slack, Google Drive, Outlook, OneDrive, Claude, and Codex.Predictive Voting (Beta) — AI vote forecasting built on district demographics, member history, and past voting patterns.

Basic coverage. Pro intelligence.

OneGov Pro is an optional per-seat upgrade — teams can mix standard and Pro seats, so the people doing the deepest work get the deepest tools without changing everyone’s plan.

“Great government affairs teams have always had a research analyst they wish they could clone. Pro is that analyst — on every seat. Ask the hard question in the morning and have a cited, briefing-ready answer in minutes, across all 50 states and Congress.” — William Fish, Founder & CEO, OneGov

To learn more or upgrade, visit OneGov.AI/Pro.

About OneGov

OneGov is a legislative intelligence platform providing comprehensive tracking and AI-powered analysis of bills, members, committees, statutes, and regulations across all 50 states and the U.S. Congress. Learn more at OneGov.AI.

View original content to download multimedia:https://www.prnewswire.com/news-releases/onegov-launches-pro-a-dedicated-research-desk-on-every-seat-for-government-affairs-teams-302840417.html

SOURCE OneGov

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The Death of the Manual Bill Tracker: Why the Spreadsheet Era of Government Affairs Is Ending

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OneGov argues that AI research, not another tracking column, is the real shift reshaping how policy teams work

AUSTIN, Texas, July 31, 2026 /PRNewswire/ — For decades, the tools of government affairs looked the same: a spreadsheet, a stack of bill PDFs, and an analyst willing to spend the week reading them. OneGov, the 50-state legislative intelligence platform, argues that era is ending — and the reason isn’t a better spreadsheet. It’s that the analytical work itself can now be done in minutes.

The hidden cost of manual tracking

The manual bill tracker was never really about tracking. It was about the human hours behind it: reading every version of a bill, watching four-hour committee hearings for the one exchange that mattered, cross-referencing lobbyist filings, and stitching it all into a memo before a client call. Multiply that across dozens of state legislatures moving at once, and “tracking” quietly becomes a full-time research operation that no spreadsheet ever captured.

That’s the work AI is now absorbing — not the row in the sheet, but the desk work behind it.

From “where is this bill?” to “what does it mean?”

The shift OneGov points to is a change in the question teams can ask. Manual tools answer where is this bill? The new generation answers what does it mean, where is it heading, and who’s driving it? — across every state at once:

Natural-language questions like “Which states are moving on AI regulation this session?” return citation-backed, research-grade answers in seconds instead of days.Full policy dossiers on an issue are generated in minutes, not weeks.Committee hearings become searchable — surfacing the key moment without watching the whole session.Rulemaking and lobbyist activity are monitored automatically, alerting teams the moment something touches their interests.

The spreadsheet isn’t going away — the manual part is

OneGov’s position is not that structure disappears. Teams will always want a clean view of what they track. What’s dying is the assumption that a human has to manually assemble the intelligence behind every row. When cited research, dossiers, and forecasting are a query away, the week of desk work that justified the manual tracker no longer needs to exist.

“Nobody ever loved the spreadsheet — they tolerated it because the alternative was reading everything yourself. AI didn’t kill the bill tracker; it gave teams back the week they used to spend feeding it.” — William Fish, Founder & CEO, OneGov

OneGov delivers this through OneGov Pro, a research tier that puts AI Deep Research, policy dossiers, and committee intelligence on every seat. Learn more at OneGov.AI/Pro.

About OneGov

OneGov is a legislative intelligence platform providing comprehensive tracking and AI-powered analysis of bills, members, committees, statutes, and regulations across all 50 states and the U.S. Congress. Learn more at OneGov.AI.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-death-of-the-manual-bill-tracker-why-the-spreadsheet-era-of-government-affairs-is-ending-302840418.html

SOURCE OneGov

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