Type of Loan Offerings
Personal Loans
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APR
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Vehicle Loans
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Introduction
Welcome to Pen Air, your trusted financial partner located at 5570 W Highway 98, Pensacola, FL 32507. Established in 1936, we have proudly served our community for over eight decades, providing exceptional banking services tailored to the needs of our 129,385 members. With total assets exceeding $2.68 billion, we are dedicated to ensuring your financial health and success. At Pen Air, we understand that banking is more than just numbers it's about relationships. Our friendly team of 385 employees, led by CEO Delbert Morgan and Board President Robert Jacobson, is here to guide you through your financial journey. Whether you're looking for personal loans, mortgages, or business financing, we offer a range of products designed with your needs in mind. 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. With a commitment to excellence and community impact, we have built a strong foundation that reflects our values. We currently hold total deposits of $388,913,557 and maintain a net worth of $307,557,404, ensuring that your funds are secure with us. Our focus on member satisfaction drives us to continually improve our services. Explore our website at penair.org for more information about how we can support you in achieving your financial goals. Don't hesitate to reach out to us at 850-505-3200 with any questions or visit us during lobby hours: Monday through Friday from 9 AM to 5 PM and Saturday from 9 AM to 1 PM. Experience the difference at Pen Air today!
Branch History & Mission
A Journey Through Time
Since opening our doors, Pen Air has been committed to meeting the needs of our members. Over the years, we have expanded our services and capabilities to include personal banking options like checking and savings accounts, auto loans, mortgage refinancing, and even business banking solutions. With total assets now exceeding $2.68 billion, we have built a solid foundation that allows us to support our members effectively. Our branch is conveniently located near key landmarks in Pensacola, making it accessible for everyone in the area. While members can visit us at our main address, official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514.
Join Us Today!
As we look forward to continuing this journey together with you, we invite you to become part of the Pen Air family. Experience firsthand the benefits of membership from competitive loan rates to personalized service tailored just for you. Visit us today or explore more about joining at Pen Air. Together, let's build a stronger future for ourselves and our community!
Modern Services for Everyone
In addition to traditional banking services, we embrace technology to better serve you. Our digital banking options allow members to access their accounts anytime, anywhere. Features like online banking, mobile payments, and electronic signatures simplify your banking experience while ensuring security and convenience. We are also proud of our ADA-compliant facilities and initiatives that make banking accessible for all members of our community. With ATM availability and drive-thru services during convenient hours Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 1 PM we ensure that you can manage your finances with ease.
Our Mission
At Pen Air, we believe in empowering individuals and families through sound financial practices. Our mission is clear: to provide quality financial products and services while enhancing the well-being of our members and the communities we serve. We strive to create an environment where everyone feels valued and supported. Our commitment extends beyond just financial transactions; we actively engage in community outreach programs that promote education and financial literacy. We understand that financial health is vital for personal growth and stability, which is why we offer resources and workshops designed to help our members make informed decisions.
Branch Location & Accessibility
Convenient Access
At Pen Air, we prioritize accessibility for all our members. Our branch is ADA compliant and features ramps and spacious parking areas to ensure everyone can access our services comfortably. If you're in a hurry, take advantage of our drive-thru banking option, where you can conduct simple transactions without leaving your car.
Get in Touch
Have questions or ready to start your membership journey? Don't hesitate to give us a call at 850-505-3200 or visit our website at Pen Air for more information. We look forward to welcoming you into the Pen Air family!
Operating Hours
We know your time is valuable. That's why our lobby is open Monday through Friday from 9 AM to 5 PM and Saturday from 9 AM to 1 PM. For added convenience, our drive-thru service operates on weekdays from 8:30 AM to 5 PM and Saturdays from 9 AM to 1 PM. We strive to accommodate your schedule so that you can manage your finances at times that work best for you.
Services Offered
At Pen Air, we provide a wide range of services designed with you in mind. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Need cash? Our ATM is available on-site for quick withdrawals and balance checks. We also offer shared branch services for members of partner credit unions, allowing basic transactions like deposits and withdrawals.
Member Eligibility
Becoming a member of Pen Air is like opening the door to a welcoming community that truly cares about your financial well-being. To join us, you'll need to meet some simple eligibility requirements. Generally, anyone who lives, works, worships, or attends school in the local area can become a member. If you have family members who are already part of our credit union, you're also eligible! For more details on what it takes to join, feel free to check out our eligibility criteria at https://www.penair.org/personal/membership-benefits/. Once you're ready to take the next step, opening an account is a breeze! You can start the process online by visiting our account opening page at https://apply.penair.org/apply.aspx?enc=kw21wblm1yxpjjabdozad6tzjlf0j5bfzpeceeunsueax5zejsvdy_cxcbs14hskgfip7cojn9hjjsxi40kvvrzkibr-z0e2qjvjqr_ql98, or if you prefer talking to someone directly, just give us a call at (850) 505-3200. We're excited to welcome you to Pen Air, located at 5570 W Highway 98 Pensacola Fl 32507, where you'll enjoy personalized service and a range of financial products designed just for you.
Business Banking & Commercial Services
Merchant Services That Work for You
In today's fast-paced market, having efficient payment solutions is crucial. Our merchant services simplify transactions, allowing you to focus on what you do best running your business. Imagine seamlessly accepting payments from customers while tracking sales effortlessly. This is what we offer at Pen Air, ensuring you stay ahead without the hassle. Visit us at 5570 W Highway 98 Pensacola Fl 32507 in Pensacola, FL or contact us at (850) 505-3200 to learn how we can assist your business today!
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
Business Banking
For entrepreneurs and business owners, we provide robust Business Banking services including Merchant Services & Business Loans to help you grow your venture. Our knowledgeable staff is ready to assist you in finding the right financial tools for your business needs.
Credit and Loans
Life can be unpredictable, and sometimes you need a little extra support. Our Personal Loans & Debt Consolidation services are here to assist you in managing your finances and reducing stress. Plus, with our Credit Cards with Rewards, you can earn benefits on your everyday purchases, turning spending into savings.
Digital Banking Convenience
In today's fast-paced world, convenience matters. That's why we offer Online & Mobile Banking, allowing you to access your accounts anytime, anywhere. With features like ATM & Cash Withdrawal Services, managing your money has never been easier. Whether it's making deposits or withdrawing cash through our basic drive-thru banking service, we prioritize your ease of access.
Personal Banking Solutions
We understand that everyone's financial situation is unique. That's why our personal banking services include Checking & Savings Accounts tailored to help you manage your money effectively. If you're considering purchasing a vehicle, explore our Auto Loans & Vehicle Financing options designed with competitive rates and flexible terms. For those looking to invest in real estate, we offer comprehensive Mortgage Loans & Refinancing solutions that can make homeownership more accessible.
Shared Branching and ATM Access
As part of our commitment to member service, we also provide basic shared branch transactions for partner credit union members. This means that if you're traveling or away from home, you can still manage your finances easily through other branches in our network. At Pen Air, we strive to create an environment where every member feels valued and supported. For any questions about our services or to open an account, don't hesitate to reach out! Call us at (850) 505-3200, or visit us online at Corry Station. We look forward to helping you achieve your financial goals!
Digital & Online Banking
Conclusion
At Pen Air, we strive to make banking convenient and accessible for all our members. With features like online banking, mobile applications, and secure transactions, managing your finances has never been easier. Join us today and experience the ease of digital banking tailored just for you!
Easy Payments and Transfers
Need to send money to a friend? Our person-to-person transfer feature makes it quick and easy. Whether it's splitting a bill or sending a gift, just a few taps on your phone can get the job done. And if you're looking for a way to make purchases without cash or cards, our mobile payments feature has got you covered. You can pay securely using just your phone.
Key Services
With our online banking services available at https://www.penair.org/, you can enjoy 24/7 access to your accounts. Whether you're checking your balance, transferring funds, or paying bills, everything you need is at your fingertips. Plus, for those moments when you want to handle things on the go, our mobile application is here to help. It's easy to navigate and provides all the functionality you need right from your smartphone. Security is a top priority for us. Our electronic signature authorization feature allows you to sign documents securely from the comfort of your home without any hassle. You can also opt for e-statements, which are not only eco-friendly but also give you quick access to your account statements whenever you need them.
Financial Strength
Commitment to Innovation
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.
Growing Membership Base
Total Share and Deposit Accounts: 300,660, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $2,688,362 further illustrate our commitment to providing valuable services to our community. 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 5570 W Highway 98 Pensacola Fl 32507 or call (850) 505-3200 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.
Member-Centric Savings
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 $0 reflects our operational efficiency, 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.
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 financing solutions for both new and used vehicles, ensuring you find the right fit for your budget.
Business Financing
For business owners seeking growth opportunities, our outstanding commercial loans totaling $96,481,751 provide the capital needed to expand your operations or cover unexpected expenses. We understand the unique challenges businesses face and are here to support you with tailored financing solutions.
Mortgage Loans
Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $93,927,094. Whether you're a first-time homebuyer or looking to refinance your current mortgage, our team is here to assist you every step of the way.
Refinancing Options
If you're interested in lowering your monthly payments or accessing cash from your home's equity through refinancing options on any of our products, we can guide you through eligibility requirements and application processes. At Pen Air located at 5570 W Highway 98 Pensacola FL 32507, we prioritize making borrowing straightforward and accessible for all our members. If you have any questions or would like more information about our loan offerings, please don't hesitate to reach out at 850-505-3200. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're here to help you take the next step towards achieving your financial aspirations!
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. Our credit cards come with rewards programs that give back while you spend.
Loan Aggregator
Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed to empower users with clear and accurate information, making it easier to choose the right loan option for their needs. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to transparency means users can trust that the offers presented are based on the latest results (Source: https://www.ncua.gov). By relying on verified financial institutions, LendMesh provides a reliable platform for consumers seeking fair loan options. One of the standout features of LendMesh is its focus on verified data. All loan offers come from legitimate financial institutions, ensuring transparency in the comparison process. Additionally, there are no sponsored listings on the platform. LendMesh does not prioritize lenders based on paid promotions its goal is to deliver unbiased results that serve the best interests of users. Users benefit from real-time rate comparisons that reflect current loan rates from multiple institutions. This up-to-date information helps individuals make informed decisions about their loans. Thousands of users trust LendMesh for their loan comparisons. One satisfied member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" To explore your options and find competitive rates tailored to your needs, compare real-time loan offers today at LendMesh. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.