Pensacola, FL 32514


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
Money Market
0.60% $2,500 $24,999 Learn MoreShow Less
Money Market
0.75% $25,000 $74,999 Learn MoreShow Less
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
Learn More
First Internet Bank
NMLS ID: 424182
4.146% 4.125% 0.25 $638 $1,212 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info

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


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:

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.

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