PEN AIR

1495 E NINE MILE RD
Pensacola, FL 32514

Overview
Membership
Deposit Rates
Loan Rates
Branches
Financial Details
FAQs
Articles
Reviews

2019 Overview

General Credit Union Information


NCUA Insured	Yes
Charter Number #	# 1303
Date Established	1936
Assets	$1,451.27 million
Loans	$849.69 million
Deposits	$1,231.21 million
Capital	$190.35 million

Pen Air is an NCUA insured institution located in Pensacola, FL. It was founded in 1936 and has approximately $1451.27 millions in assets.

Who can join?

Active duty or retired military and their immediate families

Employees of federal civil service employees and their immediate families

Employees of their Select Employee Groups and their immediate families

Friends of the Navy-Marine Corps Relief Society Member

Immediate family members of an eligible member, or residents of the same household as an eligible member, may also join. Depending on employer, other conditions may be required for membership.

Field of Membership Restrictions

Membership is open to anyone through becoming a member of the Friends of the Navy-Marine Corps Relief Society by making a $3 donation. Membership is open to (1) active duty or retired military; (2) federal civil service employee; (3) employees of US Environmental Protection Agency, Time Warner Cable, and over 500 Select Employer Groups.

Deposit Rates - February 19, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates)	APY	MIN	MAX
	0.40%	$25	$4,999	Learn MoreShow Less
Compare with 2.45% APY Savings Builder from CIT Bank \| Advertiser Disclosure
Money Market	0.60%	$2,500	$24,999	Learn MoreShow Less
Money Market	0.75%	$25,000	$74,999	Learn MoreShow Less

Fixed IRA Rates	APY	MIN	MAX
	1.80%	$500	$99,999	Learn MoreShow Less

CD Rates (Share Certificate Rates)	APY	MIN	MAX
3 Mo CD	0.70%	$1,500	-	Learn MoreShow Less
	1.10%	$500	$99,999	Learn MoreShow Less
6 Mo CD	1.10%	$100,000	-	Learn MoreShow Less
	1.80%	$500	$99,999	Learn MoreShow Less
12 Mo CD	1.80%	$100,000	-	Learn MoreShow Less
	1.95%	$500	$99,999	Learn MoreShow Less
18 Mo CD	1.95%	$100,000	-	Learn MoreShow Less
	2.05%	$500	$99,999	Learn MoreShow Less
24 Mo CD	2.05%	$100,000	-	Learn MoreShow Less
	2.10%	$500	$99,999	Learn MoreShow Less
	2.45%	$500	$99,999	Learn MoreShow Less
	2.70%	$500	$99,999	Learn MoreShow Less

Variable IRA Rates	APY	MIN	MAX
	0.40%	$25	$4,999	Learn MoreShow Less

Loan Rates - February 19, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PEN AIR

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender	APR	Rate (%)	Points	Fees	Monthly Payment	Learn More
NMLS ID: 424182	4.146%	4.125%	0.25	$638	$1,212	Learn More
NMLS ID: 3030	4.750%	4.750%	0.00	$0	$1,305	Learn More
NMLS ID: 3030	5.125%	5.125%	0.00	$0	$1,362	Learn More

See More Mortgage Rates →

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender	APR (%)^?	Monthly Payment^?	Learn More
PenFed Credit Union	5.500 %	$0	Learn More More Info
Variable APR of Prime + 0% (Floor 3.75%). APR based on LTV of 80% or lower, for loan amounts $10,000 - $400,000. Save when you borrow from PenFed! Equal housing lender. Available to members online seven days a week, 24 hours a day Federally insured by NCUA
Third Federal Savings and Loans	4.490 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in OH/FL; Prime minus .76% in all other states. Min loan amount $10,000. Max loan amount $150,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Flagstar Bank	Intro APR 3.490 % After Intro: 6.240 % Intro Period: 6 months	$25,000	Learn More More Info
Rate after 6 month period is dependent on $25k draw at closing.Additional 0.50%discount with auto pay from Flagstar Deposit Account. $75 annual fee waived 1st year. Home Equity Lines of Credit (up to 89.99% CLTV) Home Equity Loans Competitive rates on conventional/government mortgages and refinancing. Retail Banking – checking accounts, savings, money market accounts, and CDs

See More Home Equity Rates →

Note to PEN AIR
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Pen Air branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia

Pen Air Locations

Financial Details

Pen Air Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pen Air. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio

Pen Air	U.S. Average
4.13%	5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Pen Air had $7,798,305 in non-current loans and $500,588 in owned assets. To cover these potential losses it had $190,346,194 in net worth and $10,390,426 in loans loss reserves. That gives it a Texas Ratio of 4.13%.

Net Worth

Pen Air	U.S. Average
13.11%	13.21%

Pen Air FCU has a net worth of 13.11% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for PEN AIR

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*All images, logos and public notes on this page appear courtesy of PEN AIR and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.

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