Penair Credit Union

Serving the vibrant community of Spanish Fort, Pen Air Credit Union’s branch at 10010 Eastern Shore Blvd is your trusted partner for all things financial. With convenient live drive-thru hours Monday through Friday from 8 a.m. to 6 p.m. and Saturdays from 9 a.m. to 1 p.m., this location makes banking easy and accessible. Whether you’re looking to finance your next vehicle with Pen Air’s best-in-class auto loans or exploring competitive mortgage loans and refinancing options, their expert team is here to guide you every step of the way.
Beyond lending, members enjoy a full range of personal banking services including checking and savings accounts designed for everyday convenience, credit cards with rewarding perks, personal loans for debt consolidation, and business banking solutions such as merchant services and business loans tailored to support local entrepreneurs. The branch also offers ATM access and simple drive-thru banking for deposits and withdrawals.
With secure online and mobile banking available around the clock, managing your finances has never been more convenient. Visit Pen Air at 10010 Eastern Shore Blvd in Spanish Fort or call 850-505-3200 today to discover how their top auto loans and mortgage offerings can help you reach your financial goals—experience personalized service made just for you!

Type of Loan Offerings

personal_loans

Personal Loans

Program Name
APR
Term
Amount
Link
Personal loan
7.9 - 17.9 %
2 - 5 Yrs
$20,000
vehicle_loans

Vehicle Loans

Loan Program
Loan Type
APR
Term
Link
Auto
New Auto/Truck
4.74 % - 17.49 %
4 Yrs - 7 Yrs
Auto
New Auto/Truck
4.74 %
4 Yrs
Auto
Used Auto/Truck
4.99 % - 6.49 %
4 Yrs - 7 Yrs
Auto
Used Auto/Truck
4.99 %
4 Yrs
Auto
Used Auto/Truck
5.49 %
5.5 Yrs
Auto
New Auto/Truck
5.74 %
6.2 Yrs
Auto
Used Auto/Truck
5.99 %
6.2 Yrs

Introduction

Welcome to Pen Air, your trusted credit union located at 10010 Eastern Shore Blvd, Spanish Fort, AL 36527. Established in 1936, we have been committed to serving our community for over 85 years. With a strong membership base of 129,385 members and total assets exceeding $2.68 billion, we pride ourselves on being a reliable financial partner for individuals and families alike. At Pen Air, we understand the importance of financial wellness. That's why we offer a wide range of services, from personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing. Our focus is on helping you achieve your financial goals while providing exceptional member service. Under the leadership of our CEO, Delbert Morgan, and Board President, Robert Jacobson, our dedicated team of 385 employees works tirelessly to ensure that every member feels valued and supported. We believe in creating a welcoming environment where you can explore your options and find solutions tailored to your needs. While members can visit us at our branch location, official correspondence should be sent to our mailing address: 1495 E Nine Mile Rd, Pensacola, FL 32514. With total deposits amounting to $388,913,557 and net worth standing at $307,557,404, we are well-equipped to meet your banking needs safely and securely. We also hold significant cash reserves of $52,494,048, ensuring that your funds are handled with care. We invite you to reach out or visit us today! Whether you're looking to open an account or need assistance with loans or other services, we're here for you. Give us a call at 850-505-3200 or explore more about what we offer by visiting our website at penair.org. Join us at Pen Air where community meets commitment!

Branch History & Mission

At Pen Air, we take pride in our rich legacy and unwavering commitment to the community of Spanish Fort, AL. Established in 1936, we have grown from humble beginnings into a trusted financial partner for over 129,000 members. Our branch, located at 10010 Eastern Shore Blvd, has become a cornerstone of support for individuals and families seeking financial guidance and services. Over the years, Pen Air has evolved significantly. From our original focus on providing essential savings and loan products, we now offer a full range of personal banking services including checking and savings accounts, auto loans, mortgages, and credit cards. Our total assets have surged to an impressive $2.68 billion, showcasing our stability and growth. We are proud to serve our members with innovative solutions that meet their changing needs. Our mission is simple yet powerful: to empower our members financially while fostering a strong sense of community. We believe that everyone deserves access to reliable financial services that can help them achieve their goals. With this in mind, we strive not only to provide excellent banking options but also to engage in meaningful community outreach initiatives that uplift those around us. While members can visit us at our branch address, official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514. Our operating hours are designed with your convenience in mind: the lobby is open Monday through Friday from 9 AM to 5 PM, while our drive-thru is available from 8 AM to 6 PM on weekdays and from 9 AM to 1 PM on Saturdays. Pen Air is dedicated to maintaining a welcoming atmosphere for all. We offer ADA-compliant facilities and various digital advancements such as online banking and mobile payments for added convenience. Additionally, our drive-thru service ensures easy access for those who prefer quick transactions without leaving their vehicles. We are also committed to collaborating with local organizations to enhance community welfare. Through partnerships and volunteer efforts, we aim to create positive change right here in Spanish Fort. Join us at Pen Air and experience the difference a member-focused credit union can make in your life. Whether you're looking for financial products or support within the community, we invite you to become part of our family today! For more information about membership benefits or to open an account, please visit our website or call us at 850-505-3200.

Branch Location & Accessibility

Convenient Access and Features

At Pen Air, we pride ourselves on accessibility and convenience. Our branch features a drive-thru for quick transactions without leaving your car, making it perfect for busy days. Plus, we have ample parking available to ensure your visit is as smooth as possible. If you require assistance, our facility is ADA compliant with ramps and other features designed to make banking accessible for everyone. You can visit us during our lobby hours, Monday through Friday from 9 AM to 5 PM, or take advantage of our drive-thru service from 8 AM to 6 PM on weekdays and from 9 AM to 1 PM on Saturdays. Whether you need to open an account, apply for a loan, or just ask a question, our friendly staff is here to help!

Services Offered

At Pen Air, we offer a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Our ATM is available for cash withdrawals and balance inquiries anytime you need it. While members can visit us at our branch for all their banking needs, official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514. We invite you to experience the convenience of banking with Pen Air. If you have any questions or want more information about our services, feel free to give us a call at 850-505-3200. We look forward to welcoming you!

Member Eligibility

Becoming a member of Pen Air feels like joining a friendly family where everyone is invested in your financial success. If you live, work, or attend school in the areas we serve, you're already on the right track to membership! We welcome individuals from diverse backgrounds and encourage everyone to explore the benefits that come with being part of our community. At Pen Air, you'll gain access to a range of financial services designed with your needs in mind, from personal banking and loans to online banking conveniences. Getting started is easy! Simply visit us at our branch located at 10010 Eastern Shore Blvd Spanish Fort Al 36527, or give us a call at (850) 505-3200 for more information. You can also check out the detailed eligibility criteria at https://www.penair.org/personal/membership-benefits/. Once you're ready, opening an account is just a click away through this link: https://apply.penair.org/apply.aspx?enc=kw21wblm1yxpjjabdozad6tzjlf0j5bfzpeceeunsueax5zejsvdy_cxcbs14hskgfip7cojn9hjjsxi40kvvrzkibr-z0e2qjvjqr_ql98. Join us today and experience what it means to be valued as a member of Pen Air!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to loans, our merchant services simplify payment processing so you can focus on what matters most growing your business. From secure transactions to easy integration with your existing systems, we ensure that handling payments is hassle-free. Visit us at 10010 Eastern Shore Blvd Spanish Fort Al 36527 in Spanish Fort, AL, or call us at (850) 505-3200 to discover how we can help you thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $173 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $35 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $96,481,751, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessible ATM Services

Need cash on the go? Our ATM & Cash Withdrawal Services ensure that you have easy access to your funds whenever necessary. Additionally, our basic drive-thru banking allows for quick deposits and withdrawals without leaving your car.

Business Banking Support

For our business members, Pen Air offers specialized support through Business Banking, including merchant services and business loans. We know that running a business comes with its challenges, so we are here to provide the tools you need to succeed.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking platforms, allowing you to manage your accounts anytime and anywhere. With features like person-to-person payments and mobile payments, banking has never been easier.

Credit Card Perks

We also have Credit Cards with Rewards that allow you to earn points or cash back on your everyday purchases. This means that your spending can actually work for you! Imagine getting rewarded just for doing your regular shopping!

Home Financing Options

Thinking about homeownership? Our Mortgage Loans & Refinancing services provide competitive rates and flexible terms, making the journey to owning a home easier than ever. We understand that each member's situation is different, which is why we work closely with you to find the best solutions.

Personal Banking Solutions

Starting with Personal Banking, we offer various options like checking and savings accounts that fit your lifestyle. Need help managing expenses? Our Personal Loans & Debt Consolidation services can assist you in getting back on track. For those looking to purchase a vehicle, our Auto Loans & Vehicle Financing will help you drive away in your dream car without breaking the bank.

Shared Branch Transactions

We also participate in shared branching transactions, meaning members of partner credit unions can make deposits and withdrawals at our location too! This feature enhances accessibility and ensures that financial services are available even when traveling.

Visit Us Today!

If you're ready to experience these comprehensive services firsthand, visit us at 10010 Eastern Shore Blvd Spanish Fort Al 36527 in Spanish Fort, AL or give us a call at (850) 505-3200. We look forward to helping you achieve your financial goals! For more information about our services or to become a member, check out our website at Eastern Shore. Join us today and discover all the ways we can support you on your financial journey!

Digital & Online Banking

Easy Access Anytime, Anywhere

Whether you're at home or on the go, you can access your accounts 24/7 through our online banking services. Just visit https://www.penair.org/ to log in and start managing your money with ease. Need to make a quick payment or transfer funds? Our mobile payments feature allows you to send money instantly, giving you peace of mind that your transactions are both simple and secure.

Real-Time Account Management

Our mobile application brings all these features right to your fingertips. You can check balances, review transactions, and even set up person-to-person transfers with just a few taps on your smartphone. Plus, our app is designed to be intuitive so that anyone can use it without hassle. In short, Pen Air is committed to providing you with accessible, easy-to-use digital banking solutions that empower you to take control of your finances. Join us today and experience the freedom of banking at your convenience!

Sign with Confidence

We know security is a top priority for our members. That's why we offer electronic signature authorization for various transactions. This feature allows you to sign documents securely from anywhere, saving you time while keeping your information safe.

Stay Organized with E-Statements

Say goodbye to paper clutter! With e-statements available at Pen Air, you can view your account statements online whenever you need them. This not only helps you keep track of your finances but also supports a greener environment by reducing paper waste.

Financial Strength

Growing Member Base

With total share accounts reaching 300,660, this shows a strong and growing member base that trusts us with their finances. Our net shares available for lending and investments stand at $2,688,362, further illustrating our ability to support your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Pen Air is your trusted partner. Visit us at 10010 Eastern Shore Blvd Spanish Fort Al 36527 or call (850) 505-3200 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 380 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment for Your Benefit

With $295,728,530 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $23,307 in used auto loans and $1,521,546,369 in total loans and leases.

Secure Savings Options

Members' savings are secured through $842,500,416 in share certificates and $98,720,717 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $358,892, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Solid Financial Health

With a net worth of $307,557,404, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,141 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $539,207,991 in used vehicle loans and $393,813,998 in new vehicle loans already helping members get on the road. We provide flexible terms and straightforward processes so you can focus on what matters most your journey ahead.

Business Financing

For business owners, our outstanding commercial loans totaling $96,481,751 provide the capital needed to grow and expand. We understand that each business has unique needs, and our team is ready to assist you in finding the right solution.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $93,927,094, make buying or refinancing simple. We offer guidance throughout the process, ensuring you understand your options and find the best fit for your budget.

Personal Loans & Credit Cards

For those looking for extra financial flexibility, we also provide unsecured credit card loans with a total of $53,457,618 available. This allows members to manage their finances effectively while enjoying rewards and benefits. Additionally, our personal loan offerings are designed for debt consolidation or major purchases, making it easier for you to achieve your financial goals.

Refinancing Options

If you're considering refinancing any existing loans or exploring eligibility options, our team at Pen Air can help you navigate these choices easily. We strive to make refinancing straightforward and beneficial for our members. For more information about our loan offerings or to start your application today, feel free to reach out at (850) 505-3200, visit us at 10010 Eastern Shore Blvd Spanish Fort Al 36527, or explore our website at https://www.penair.org/. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us partner with you on your financial journey!

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