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Personal Loans
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Vehicle Loans
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Introduction
Welcome to Pen Air, your trusted financial partner located at 1495 E Nine Mile Rd, Pensacola, FL 32514. Since our establishment in 1936, we have dedicated ourselves to providing exceptional service and support to our community. With a total membership of 129,385, we strive to ensure that every member feels valued and understood. At Pen Air, we pride ourselves on our robust financial foundation, boasting total assets of $2,684,526,238 and total deposits reaching $388,913,557. Our commitment to helping you achieve your financial goals is reflected in our diverse offerings whether you're looking for personal banking options, auto loans, or business financing solutions. With a total of 69,577 loans and leases under management, we have the experience and resources to meet your needs effectively. Our team is led by CEO Delbert Morgan and Board President Robert Jacobson, both of whom are deeply invested in fostering relationships built on trust. We employ 385 dedicated staff members who are here to assist you with any questions or services you may need. While our branch is open for your convenience from Monday through Friday with lobby hours from 9 AM to 5 PM (and drive-thru services available until 6 PM), we're always just a phone call away at 850-505-3200. As a member-focused credit union, we understand the importance of community impact. Our net worth stands at an impressive $307,557,404, which allows us to reinvest in local initiatives that benefit our members and the surrounding areas. If you're ready to take control of your financial future or want more information about our services, feel free to visit us online at penair.org or stop by our branch today! Your journey toward financial success starts here with Pen Air where members come first!
Branch History & Mission
Join Us
As we look toward the future, Pen Air remains dedicated to serving our members with integrity and compassion. We invite you to experience the difference of being part of a community-focused credit union. Join us today and discover how we can support your financial journey together! For more information or to open an account, visit us online at Pen Air or call us at (850) 505-3200.
Our Evolution
From our humble beginnings nearly nine decades ago, Pen Air has continuously adapted to meet the evolving needs of our members. As we expanded our services, we embraced technology while maintaining a personal touch. We understand that banking is not just about transactions; it's about building lasting relationships and fostering trust within our community. Today, we offer a wide range of services including personal banking, auto loans, mortgages, and business banking solutions designed to help our members achieve their financial goals. Our physical location in Pensacola features a welcoming lobby and convenient drive-thru services for those on the go. With operating hours that cater to busy schedules Monday through Friday from 9 AM to 5 PM for lobby access and Saturday from 9 AM to 1 PM for drive-thru we make it easy for our members to connect with us when they need us most.
Our Mission
At Pen Air, our mission is clear: to enhance the financial well-being of our members while supporting the communities we serve. We strive to provide accessible financial products and services that empower individuals and families. Our commitment extends beyond banking; we actively engage in local outreach initiatives aimed at making a positive impact in Pensacola and surrounding areas. We believe that everyone deserves access to quality financial resources. That's why we maintain an ADA-compliant facility and offer various digital banking options such as online banking and mobile payments, ensuring all members can enjoy seamless access to their accounts anytime. While you can visit us at our branch address for all your banking needs, please note that official correspondence should be sent to our mailing address: 1495 E Nine Mile Rd, Pensacola, FL 32514-5723.
Branch Location & Accessibility
Accessibility Features
At Pen Air, we prioritize your convenience. Our location features ample parking and is fully ADA-compliant, ensuring everyone can access our services without hassle. If you prefer to use our drive-thru service, it's available during extended hours Monday through Friday from 8 AM to 6 PM and Saturday from 9 AM to 1 PM making it easy to manage your banking needs without leaving your car.
Get in Touch
Have questions or need assistance? Don't hesitate to give us a call at (850) 505-3200. Our friendly team is ready to assist you with any inquiries or concerns. We invite you to stop by Pen Air today where your financial well-being is our priority!
Services Offered
Our branch offers a wide range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage financing, we are here to help you every step of the way. Need a quick transaction? Our ATM is available for cash withdrawals and balance inquiries whenever you need it. Plus, if you're a member of another credit union that participates in shared services, you're welcome to conduct basic transactions right here! While members can visit us at 1495 E Nine Mile Rd for all their banking needs, official correspondence should be sent to the same address: 1495 E Nine Mile Rd, Pensacola, FL 32514-5723.
Member Eligibility
At Pen Air, we believe that becoming a member is like joining a family where everyone supports each other. If you're looking to be part of our community, the good news is that eligibility is quite straightforward! You can join us if you live, work, worship, or attend school in Escambia or Santa Rosa counties. We also welcome family members of existing members, making it easy for loved ones to enjoy the benefits together. To learn more about the specific eligibility requirements and find out how to become a member, feel free to visit our detailed page at https://www.penair.org/personal/membership-benefits/. Opening an account with us is just as simple! You can start the process online by visiting https://apply.penair.org/apply.aspx?enc=kw21wblm1yxpjjabdozad6tzjlf0j5bfzpeceeunsueax5zejsvdy_cxcbs14hskgfip7cojn9hjjsxi40kvvrzkibr-z0e2qjvjqr_ql98 or give us a call at (850) 505-3200 if you have any questions. Our friendly team at Pen Air, located at 1495 E Nine Mile Rd Pensacola Fl 32514, is ready to help you every step of the way. Join us today and discover the advantages of being part of our wonderful community!
Business Banking & Commercial Services
Commercial Loans 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 to Simplify Transactions
In today's fast-paced world, efficient payment processing is crucial. Our merchant services offer easy payment solutions that help streamline transactions. Imagine a local café using our services to accept payments seamlessly allowing them to focus on creating delicious food instead of worrying about payment hassles. This practical benefit can be a game-changer for any business. Visit us at 1495 E Nine Mile Rd Pensacola Fl 32514, Pensacola, FL, or call us at (850) 505-3200 to learn more about how we can help your business succeed!
Comprehensive List Of Services
Auto Loans & Financing
For those considering a new vehicle, our auto loans and vehicle financing options provide flexible terms that fit your budget. Picture driving off in your dream car without the stress of overwhelming payments. We work hard to ensure that financing is straightforward and accessible for all our members.
Business Banking Services
If you're a business owner, we haven't forgotten about you! Our comprehensive business banking services include everything from merchant services for smooth transactions to tailored business loans that empower growth and innovation. We're here to support local businesses thrive.
Convenient Access & Support
Need cash? Our branch offers convenient ATM and cash withdrawal services, along with basic drive-thru banking for quick deposits and withdrawals. If you're part of a partner credit union, take advantage of our shared branch transactions for deposits and withdrawals as well. At Pen Air, located at 1495 E Nine Mile Rd Pensacola Fl 32514, we prioritize convenience and accessibility in everything we do. You can reach us at (850) 505-3200 during business hours or explore more about our offerings by visiting our website. We invite you to join us today and experience firsthand how we can help you achieve your financial goals!
Home Financing Options
Buying a home is one of life's biggest milestones, and at Pen Air, we simplify this journey with our mortgage loans and refinancing options. Whether you're purchasing your first home or looking to refinance an existing mortgage for better rates, we guide you through every step, making it easier than ever to secure the home of your dreams.
Personal Banking Solutions
Whether you're looking to save for a rainy day or manage your daily expenses, our personal banking options have you covered. We offer both checking and savings accounts that cater to your lifestyle. Imagine having easy access to your funds with our online and mobile banking features, allowing you to check balances, transfer money, and pay bills from the comfort of your home or on the go.
Personal Loans & Credit Cards
Sometimes life throws unexpected expenses your way. That's where our personal loans and debt consolidation options come into play, helping you manage costs effectively without feeling overwhelmed. Plus, don't forget about our competitive credit cards with rewards, allowing you to earn while you spend.
Digital & Online Banking
Key Features
Imagine being able to view your statements electronically instead of dealing with piles of paper well, with our e-statements availability, that dream is a reality! You'll receive updates directly in your inbox, making it easy to track your finances without clutter. Need to send money to a friend? Our person-to-person transfer feature allows you to do just that with ease. And if you enjoy using mobile payments, you're in luck! We offer this feature too, letting you pay for purchases quickly and securely using your smartphone. Security is paramount in today's digital world. That's why we utilize electronic signature authorization for many transactions, ensuring that your information remains safe while providing a hassle-free experience. With 24/7 online banking services available at Pen Air, you have the freedom to manage your accounts whenever you choose. Whether it's day or night, our secure platform is always ready for you. In summary, our digital and online banking services combine convenience and security so that you can focus on what matters most your financial goals. Join us at Pen Air and discover how easy it is to bank on your terms!
Financial Strength
Growing Membership Base
Our success is further illustrated by the trust placed in us by our community showcased by the 300,660 total share accounts we manage. This growing member base reflects the strong relationships we've built over the years. In summary, 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 1495 E Nine Mile Rd Pensacola Fl 32514 or call (850) 505-3200 to learn more about how we can help you achieve your financial goals.
Investment in Member Services
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. This commitment is reflected in our lending capacity; we proudly support our members' financial goals with $23,307 in used auto loans and $1,521,546,369 in total loans and leases.
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 operational efficiency is evident 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.
Strong 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. Whether you're interested in financing a new ride or purchasing a reliable used vehicle, our team is here to guide you through the process.
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 that every business has unique needs, and our team is ready to work with you to find the right financing option.
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 competitive rates and flexible terms to fit your budget and lifestyle.
Refinancing Options
If you're looking for ways to reduce your monthly payments or access cash from your home equity, we have refinancing options available across our loan products. Our knowledgeable staff can help you understand eligibility requirements and determine which refinancing path may be best for you. At Pen Air, we strive to support our members with comprehensive loan solutions tailored to meet their needs. Feel free to reach out via phone at (850) 505-3200 or visit us at 1495 E Nine Mile Rd Pensacola Fl 32514, Pensacola, FL for more information on how we can assist you today!
Unsecured Credit Cards
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. Whether you need to cover unexpected expenses or want to make everyday purchases more manageable, our credit cards can be a great solution.
Loan Aggregator
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