Pensacola, FL 32514
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Notable Rates APY Vs.Others
Savings 0.30% 0.95% →
1-Year CD 1.25% 1.01% →
2-Year CD 1.40% 0.95% →
5-Year CD 1.60% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Pen Air is an NCUA insured institution located in Pensacola, FL. It was founded in 1936 and has approximately $1657.16 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.

NCUA Insured Yes
Charter Number # # 1303
Date Established 1936
Assets $1,657.16 million
Loans $997.23 million
Deposits $1,377.33 million
Capital $219.60 million

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 - October 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.30% $2,500 $4,999 Learn More
Money Market
0.45% $2,500 $2,999 Learn More
Money Market
0.45% $10,000 $14,999 Learn More
Money Market
0.60% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.90% $10,000 $14,999 Learn More
6 Mo CD
0.90% $100,000 $199,999 Learn More
12 Mo CD
1.25% $10,000 $14,999 Learn More
12 Mo CD
1.25% $100,000 $199,999 Learn More
18 Mo CD
1.35% $10,000 $14,999 Learn More
18 Mo CD
1.35% $100,000 $199,999 Learn More
24 Mo CD
1.40% $10,000 $14,999 Learn More
24 Mo CD
1.40% $100,000 $199,999 Learn More
36 Mo CD
1.45% $10,000 $14,999 Learn More
36 Mo CD
1.45% $100,000 $199,999 Learn More
48 Mo CD
1.55% $10,000 $14,999 Learn More
48 Mo CD
1.55% $100,000 $199,999 Learn More
60 Mo CD
1.60% $10,000 $14,999 Learn More
60 Mo CD
1.60% $100,000 $199,999 Learn More

Loan Rates - October 27, 2020

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.561% 2.500% 0.75 $2,021 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to PEN AIR
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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
7.66% 6.71

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 March 30, 2020, Pen Air had $16,579,459 in non-current loans and $1,027,144 in owned assets. To cover these potential losses it had $219,602,944 in net worth and $10,240,874 in loans loss reserves. That gives it a Texas Ratio of 7.66%.

Net Worth
Pen Air U.S. Average
13.25% 13.61%

Pen Air FCU has a net worth of 13.25% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Pen Air

Branches and Savings

What is Pen Air?

A federal credit union, registered with the NCUA under certificate #1303.
Learn more about credit unions here.

Is Pen Air FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Pen Air?

Please see Field of Membership information above for information on who is eligible to join.

What are Pen Air's share account and share certificate rates?

Pen Air's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Pen Air?

Pen Air has total capital of $219.60 million. Full information on Pen Air's financial position is located above.

Who owns Pen Air?

Credit Unions are owned by their members.

Where are Pen Air branches located?

See branch locations nearby.

Are Pen Air ATMs Open 24/7?

Do Pen Air ATMs accept cash deposits?

Can Pen Air customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Pen Air have a mobile app?

Does Pen Air have mobile deposit?

Does Pen Air have quick pay?

How can Pen Air transfer money to other banks or credit unions?

Does Pen Air report to credit bureaus?

Does Pen Air use Chexsystems?

Does Pen Air use Equifax?

What is Pen Air's toll free phone number?

What is Pen Air's ACH Routing Number?

What is Pen Air's SWIFT code?

Where can I find Pen Air's wire transfer form?

What is the Pen Air address for deposits?

What Products Does Pen Air Offer

Does Pen Air offer mortgages?

Compare mortgage rates here.

Does Pen Air offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pen Air offer auto and RV loans?

Compare auto loan rates here.

Does Pen Air offer student loans or personal loans?

Compare personal loan rates here.

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