Pen Air Credit Union Pensacola FL: Best Auto Loans & Business Banking

Introduction

Welcome to Pen Air, your trusted financial partner located at 6390 Pensacola Blvd, Pensacola, FL 32505. Established in 1936, we have been dedicated to serving our community for over 85 years. With a robust membership of 129,385 and total assets exceeding $2.68 billion, we prioritize the needs of our members by offering a range of financial services tailored to your lifestyle. At Pen Air, we understand that every member's journey is unique. That's why we provide personalized solutions, from checking and savings accounts to auto loans and mortgage financing. Our commitment to you is reflected in our substantial total deposits of $388,913,557 and our solid net worth of $307,557,404. With a cash reserve of $52,494,048, we ensure that your funds are secure while providing the support you need for your financial goals. While members can visit us at our branch location, official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514. Under the leadership of CEO Delbert Morgan and Board President Robert Jacobson, we strive to maintain a welcoming environment where every member feels valued. Whether you're looking for personal banking options or business services like merchant accounts and business loans, our team is here to help you every step of the way. Feel free to reach out at 850-505-3200 or visit our website at penair.org to learn more about what we offer. Join us today and experience the Pen Air difference where your financial well-being is our priority!

Branch History & Mission

Community Engagement

Beyond financial services, we actively engage with the community through partnerships and outreach efforts. Whether it's sponsoring local events or providing financial education workshops, we strive to give back and strengthen the bonds within Pensacola. With operating hours designed to accommodate your needs Monday through Friday from 8 AM to 6 PM for drive-thru services and 9 AM to 5 PM for lobby access we're here when you need us most. Join us at Pen Air and experience the benefits of being part of a credit union that truly cares about its members. Together, let's work towards a brighter financial future! For more information or to become a member today, call us at 850-505-3200 or visit our website at penair.org.

Our Mission

At Pen Air, our mission is clear: to empower individuals and families through exceptional financial services while fostering a strong sense of community. We believe that banking should be about more than just transactions; it should be about building relationships and supporting one another. Our services include personal banking options like checking and savings accounts, auto loans, mortgage loans, and credit cards with rewards. We also offer business banking solutions to assist local enterprises. As part of our commitment to accessibility, we ensure that our facilities are ADA compliant and equipped with modern conveniences like online banking and mobile payment options. We also provide ATM availability for your convenience and drive-thru banking for quick service during your busy days. While members can visit us at 6390 Pensacola Blvd, official correspondence should be sent to 1495 E Nine Mile Rd, Pensacola, FL 32514 if needed.

Branch Location & Accessibility

Get in Touch!

Have questions or want to learn more? Feel free to give us a call at 850-505-3200. Our dedicated team is eager to assist you with whatever you need. We invite you to visit us at our branch or check out our website at penair.org for additional information about membership and services. We look forward to seeing you soon!

Nearby Landmarks and Accessibility

Situated near well-known spots in Escambia County, you'll find us just a stone's throw away from popular restaurants and shops, making it easy to combine errands. Parking is plentiful and accessible, with features designed to accommodate everyone, including ADA-compliant ramps for those who may need extra support.

Operating Hours

Our doors are open Monday through Friday from 9 AM to 5 PM for lobby services. If you prefer the drive-thru, we're here for you even earlier! The drive-thru operates from 8 AM to 6 PM during weekdays and is open Saturday from 9 AM to 1 PM. This means you can manage your banking needs at a time that suits you best!

Services Offered

At Pen Air, we offer a range of services tailored to meet your personal and business banking needs. From checking and savings accounts to auto loans, mortgage financing, and credit cards with rewards everything is right at your fingertips! Need cash? We have an ATM available on-site for quick withdrawals and balance checks. Plus, if you're a member of another participating credit union, you can take advantage of our shared service center for basic transactions.

Member Eligibility

Welcome to the Pen Air family! Becoming a member of our credit union is like joining a community that truly cares about your financial well-being. At Pen Air, we believe in inclusivity, and many individuals are eligible for membership. If you live, work, worship, or attend school in Escambia County or certain surrounding areas, you're likely eligible to join us. We also welcome family members of current members and those who share our mission of serving the community. To explore more specific eligibility details, feel free to visit our website at https://www.penair.org/personal/membership-benefits/. Joining is a breeze! All you need to do is open an account with us, which can be done conveniently online by visiting this link. If you have any questions or need assistance during the process, don't hesitate to reach out to us at 850-505-3200. We're excited to welcome you to Pen Air and help you achieve your financial goals!

Business Banking & Commercial Services

Financing Options for Growth

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.

Merchant Services that Matter

Imagine having the ability to accept payments easily, manage transactions efficiently, and track sales all in one place. Our merchant services provide just that. From point-of-sale systems to online payment processing, we equip you with tools that simplify daily operations and enhance customer satisfaction. Visit us at 6390 Pensacola Blvd Pensacola Fl 32505 in Pensacola, FL or call us at (850) 505-3200 to discover how our business banking solutions can support your vision for success!

Comprehensive List Of Services

Business Banking Options

For our business members, Pen Air provides essential banking services including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, we're here to support your business's growth with personalized financial solutions.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features. You can easily manage your accounts from anywhere at any time check balances, transfer funds, or pay bills all at the touch of a button. Our ATM services ensure that cash withdrawal is never an issue; you'll find ATMs conveniently located throughout our area.

Credit Cards and Rewards

We also offer credit cards with rewards that fit your spending habits. Imagine earning points on everyday purchases that can be redeemed for travel, merchandise, or even cash back! Our credit card solutions are designed to reward your loyalty while keeping your finances manageable.

Drive-Thru and Shared Services

Need quick service? Our basic drive-thru banking lets you handle deposits, withdrawals, and simple transactions without leaving your vehicle. Additionally, if you're a member of a partner credit union, our shared branch transactions allow you to access funds seamlessly across different institutions. At Pen Air, we believe in making banking not just accessible but enjoyable too. If you're ready to explore how we can help meet your financial needs or have any questions about our services, don't hesitate to reach out at (850) 505-3200. Visit us today at Car City Ii we're excited to serve you!

Personal Banking Solutions

Our personal banking options include checking and savings accounts designed to fit your lifestyle. Imagine having a checking account that helps you manage your day-to-day expenses effortlessly while also earning interest on your savings. With us, you can enjoy the peace of mind that comes from knowing your money is secure and growing. If you're planning to buy a car or need financing for your next vehicle, our auto loans and vehicle financing options are tailored just for you. We understand how important reliable transportation is, so we offer competitive rates and flexible terms to help you drive away in the car of your dreams. For those looking to invest in a home, our mortgage loans and refinancing options make the process straightforward. We guide you through every detail, ensuring you understand all your choices. Plus, if you're facing challenges with debt, our personal loans and debt consolidation services provide a pathway toward financial freedom.

Digital & Online Banking

Key Features

One of the standout features at Pen Air is our mobile application. This app puts banking right at your fingertips, allowing you to perform transactions on the go. You can even take advantage of mobile payments for quick purchases using your smartphone making shopping and bill payments fast and efficient. We also offer electronic signature authorization, so you can sign documents digitally without needing to visit a branch. Plus, our e-statements give you a convenient way to view your account statements online, reducing paper clutter while keeping everything organized. Need to send money to friends or family? With our person-to-person transfer feature, you can quickly send funds directly from your account to theirs no hassle involved. In short, whether it's checking balances, making payments, or transferring funds, Pen Air provides all the tools you need for real-time account management right from the comfort of your home or on the move. Experience banking made easy today!

Financial Strength

A Growing Member Base

We have successfully built a strong community of trust with 300,660 total share accounts. This growing member base signifies that more people are choosing Pen Air as their trusted partner for financial management. 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 6390 Pensacola Blvd Pensacola Fl 32505 or call (850) 505-3200 to learn more about how we can help you achieve your financial goals.

Commitment to Growth

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 capacity to support your financial goals is further highlighted by having $23,307 in used auto loans and $1,521,546,369 in total loans and leases. This shows how dedicated we are to helping you achieve your dreams.

Members' Savings Secured

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.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables 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.

Our 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 competitive interest rates to ensure you find the right fit for your budget.

Business Financing

For business owners, our outstanding commercial loans totaling $96,481,751 provide the capital needed to grow and expand your business. We understand the unique challenges businesses face and are committed to providing tailored solutions that meet your specific needs. At Pen Air, we're dedicated to making borrowing as straightforward as possible. If you're interested in refinancing options or would like to learn more about eligibility requirements, feel free to reach out. Our friendly staff is available at (850) 505-3200 and ready to assist you during our operating hours: M-F 8 AM - 6 PM and Saturday 9 AM - 1 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan offerings today and take the next step toward achieving your financial dreams!

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. Whether you're a first-time homebuyer or looking to refinance your current mortgage, our experienced team will guide you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $53,457,618 in loans helping members manage their finances effectively. These cards can provide the convenience you need for everyday purchases while helping you build or maintain your credit score.

Loan Aggregator

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