Penair Credit Union

Nestled in the heart of Pensacola, the Pen Air branch at 5855 W Nine Mile Rd is your local partner for convenient and community-focused banking. With live drive-thru service Monday through Friday from 8 a.m. to 6 p.m. and Saturdays from 9 a.m. to 1 p.m., plus lobby hours on weekdays, this branch offers easy access to essential services like ATM withdrawals and streamlined drive-thru banking for deposits and simple transactions. Whether you're looking to take advantage of Pen Air’s best-in-class auto loans or explore competitive mortgage loans and refinancing options, their knowledgeable team is ready to help you navigate your financial journey with confidence.
Beyond lending, members enjoy a full suite of personal banking solutions including checking and savings accounts tailored for everyday needs, credit cards with rewarding perks, personal loans for debt consolidation, and comprehensive business banking services such as merchant solutions and business loans. With secure online and mobile banking available around the clock, managing your finances has never been easier.
Visit Pen Air at 5855 W Nine Mile Rd in Pensacola or call 850-505-3200 today to experience friendly local service—and discover how our top auto loans and mortgage offerings can help you achieve your financial goals!

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 community credit union located at 5855 W Nine Mile Rd, Pensacola, FL 32526. Since our establishment in 1936, we've been committed to serving the financial needs of our members with care and integrity. With a robust membership of over 129,385, we pride ourselves on being more than just a credit union; we are a part of your community. At Pen Air, we understand that every member's journey is unique. Whether you're looking for personal banking options like checking and savings accounts or seeking loans for your next vehicle or home, we're here to help. Our total assets exceed an impressive $2.68 billion, and our commitment to you is reflected in our total deposits of $388,913,557 and net worth of $307,557,404. We aim to provide financial solutions that empower you while ensuring that you feel secure and supported. Our dedicated team of 385 employees works hard every day under the leadership of CEO Delbert Morgan and Board President Robert Jacobson. We offer a range of services including auto loans, mortgage refinancing, business banking, and online banking options to make managing your finances easier than ever. While members can visit us at our physical branch, official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514-5723 if different from the branch location. Your financial well-being is our priority. If you have questions or need assistance, don't hesitate to reach out to us at (850) 505-3200. We invite you to explore all that Pen Air has to offer by visiting our website at penair.org. Join us today and experience the difference a dedicated credit union can make in your life!

Branch History & Mission

Welcome to the heart of community banking at Pen Air in beautiful Pensacola, FL. Since opening our doors in 1936, we have been dedicated to serving our members and fostering a sense of belonging. Over the years, we have grown from a small credit union into a trusted financial partner with over 129,000 members and total assets exceeding $2.68 billion. Our journey reflects our commitment to providing personalized service and financial solutions that meet the diverse needs of our community. Located at 5855 W Nine Mile Rd, our branch is easily accessible for anyone looking to take charge of their finances. With nearby landmarks like the Nine Mile Plaza, we invite you to stop by and see how we can assist you on your financial journey. If you need to send official correspondence, please direct it to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514-5723. At Pen Air, our mission goes beyond just banking; we are here to empower our members through education and support. We strive to offer not only essential financial services such as checking and savings accounts, auto loans, mortgage options, and credit cards but also resources that encourage financial literacy and community engagement. Our goal is to build stronger communities by being more than just a credit union; we aim to be a cornerstone of support for families and businesses alike. Throughout our history, we've embraced advancements that make banking easier for everyone. Our branch offers convenient features like drive-thru banking and ATM access so you can manage your money when it suits you best. We're proud to provide online and mobile banking options that allow you to stay connected no matter where life takes you. Our success is also attributed to strong partnerships within the community. We actively participate in outreach programs and initiatives that uplift those around us. Whether it's sponsoring local events or supporting charitable causes, Pen Air believes in giving back because we know that together we can achieve more. We invite you to join the Pen Air family! Experience the benefits of membership firsthand by visiting us or exploring our services online at penair.org. Let us help you achieve your financial goals while being part of a supportive community that truly cares. Reach out today at 850-505-3200 we look forward to welcoming you!

Branch Location & Accessibility

Easy Access and Convenience

Parking is ample and accessible, ensuring that you can get in and out quickly. We prioritize inclusivity with ADA-compliant features like ramps, making it easy for everyone to visit us. Plus, if you need to make quick transactions, our drive-thru service is available for your convenience during the week and on Saturdays. Our operating hours are designed with your busy schedule in mind. You can visit us Monday through Friday from 9 AM to 5 PM, and our drive-thru is open earlier from 8 AM to 6 PM on weekdays and Saturday from 9 AM to 1 PM. Whether you're stopping by for a simple deposit or exploring more complex services like auto loans or mortgage options, we're here to assist you.

Services Tailored For You

At Pen Air, we offer a variety of services tailored to meet the financial needs of our members. Whether you're looking for personal banking solutions like checking and savings accounts or seeking financing options such as auto loans and mortgages, we've got you covered. Our ATM is also readily available for those who prefer self-service for cash withdrawals or balance checks. While members can visit us at our branch location for all their banking needs, any official correspondence should be sent to our mailing address at 1495 E Nine Mile Rd, Pensacola, FL 32514-5723. We invite you to come experience the warm welcome and exceptional service that Pen Air offers. Feel free to call us at 850-505-3200 if you have any questions or need assistance before your visit. We look forward to seeing you soon!

Member Eligibility

Becoming a member of Pen Air is like opening the door to a welcoming community that values your financial well-being. If you live, work, or worship in certain areas of Florida, you might be eligible to join us! We embrace individuals from diverse backgrounds, and becoming a member means you gain access to a range of benefits tailored just for you. Whether you're looking for personal banking solutions, loans, or simply a supportive environment to manage your finances, Pen Air has got you covered. To learn more about the specific eligibility requirements and see if you're a fit, feel free to check out our detailed guidelines at https://www.penair.org/personal/membership-benefits/. When you're ready to take the next step, opening an account is straightforward! You can find all the necessary information on how to get started by visiting https://apply.penair.org/apply.aspx?enc=kw21wblm1yxpjjabdozad6tzjlf0j5bfzpeceeunsueax5zejsvdy_cxcbs14hskgfip7cojn9hjjsxi40kvvrzkibr-z0e2qjvjqr_ql98. If you have any questions or need assistance along the way, don't hesitate to reach out to us at (850) 505-3200. We're here to help you every step of the way!

Business Banking & Commercial Services

Merchant Services for Everyday Transactions

When it comes to managing day-to-day operations, our merchant services can simplify transactions for your business. Imagine having a reliable partner to process payments quickly and securely, allowing you more time to focus on serving your customers. From card payment processing to online transaction capabilities, we ensure you have the tools needed to thrive in today's competitive market. Visit us at 5855 W Nine Mile Rd Pensacola Fl 32526 in Pensacola, FL, or call us at (850) 505-3200 to discover how we can help your business achieve its goals!

Tailored Loan Solutions

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

ATM & Drive-Thru Services

We understand that sometimes you need quick access to cash or essential banking services without stepping inside. Our ATM and cash withdrawal services are available at multiple locations for your convenience. Additionally, our basic drive-thru banking allows you to handle deposits, withdrawals, and simple transactions swiftly while staying in your vehicle. At Pen Air, we believe in building lasting relationships with our members by providing comprehensive financial solutions tailored just for you. If you have any questions or need assistance with any of our services, don't hesitate to reach out at (850) 505-3200.

Business Banking

If you're a business owner, you'll find our business banking services invaluable. From merchant services that facilitate smooth transactions to customized business loans, we are here to support your growth and success.

Call to Action

Ready to take control of your financial future? Visit us today at 5855 W Nine Mile Rd Pensacola Fl 32526 or explore more about our offerings at our website. Let's start this journey together!

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking services. Access your accounts anytime, anywhere with features like online bill pay, mobile deposits, and person-to-person payments. Our digital tools make it easy to manage your finances from the palm of your hand.

Personal Banking

Our personal banking services include checking and savings accounts designed to help you save for the future while enjoying easy access to your funds. With flexible options tailored to fit various lifestyles, managing your money has never been easier. Need financing for a new car? We offer auto loans and vehicle financing that can get you on the road quickly. If you're considering buying a home or refinancing your current mortgage, our mortgage loans provide competitive rates and personalized support every step of the way. For those times when unexpected expenses arise, our personal loans and debt consolidation options can help alleviate financial stress. Plus, enjoy the benefits of our credit cards with rewards, which allow you to earn points on everyday purchases.

Digital & Online Banking

24/7 Access

With our 24/7 online banking services, you have real-time access to your accounts whenever it suits you. Whether it's early morning or late at night, managing your finances has never been easier or more accessible. Explore all these fantastic features today by visiting https://www.penair.org/ and discover how Pen Air is here to help simplify your banking experience!

Key Features

Our commitment to security means that you can bank with confidence. We provide electronic signature authorization for secure transactions, so you don't have to worry about the safety of your personal information. Plus, you can opt for e-statements to keep track of your finances without the hassle of paper clutter. Say goodbye to waiting for mail; your statements are always available when you need them. For those who love using their smartphones, our mobile application makes banking on-the-go a breeze. You can enjoy mobile payments, allowing you to make quick purchases right from your phone. Need to send money to a friend? Our person-to-person transfer feature lets you do that easily no cash required!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts stand at 300,660, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments are recorded at $2,688,362, indicating robust resources to meet member 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 5855 W Nine Mile Rd Pensacola Fl 32526 or call (850) 505-3200 to learn more about how we can help you achieve your financial goals.

Member-Focused 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.

Reinvestment for 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 commitment to growth is evident in our lending capacity; with $23,307 in used auto loans and $1,521,546,369 in total loans and leases, we support members' financial goals across various sectors.

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 competitive rates that can fit any budget. Whether you're looking for a brand-new vehicle or a reliable pre-owned one, our team is ready to assist you every step of the way.

Business Financing

For business owners, our outstanding commercial loans totaling $96,481,751 provide the capital needed to grow and expand. Whether you're looking to invest in equipment, real estate, or working capital, our commercial loan options are tailored to help your business thrive. At Pen Air, we believe in empowering our members through financial education and support. If you're considering refinancing or exploring eligibility options for any of our loan products, don't hesitate to reach out. You can call us at (850) 505-3200, or visit us at our branch located at 5855 W Nine Mile Rd Pensacola Fl 32526 in Pensacola, FL. 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 are committed to providing transparent information so you can make informed decisions about your finances. Let us help you take the next step toward achieving your goals!

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 guide you through the process, ensuring you understand your options and find the best fit for your situation.

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 come with rewards that can benefit your everyday spending while providing you with a safety net when needed.

Loan Aggregator

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