Credit Unions Near Me
National Credit Union Service Organization

PEN AIR FEDERAL CREDIT UNION

Mar, 31, 2021 — PEN AIR FEDERAL CREDIT UNION is a federal credit union headquartered in Pensacola, FL with 15 branch locations and about $2.28 billion in total assets. Opened 85 years ago in 1936, PEN AIR FEDERAL CREDIT UNION has about 116,593 members and employs 342 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 263281695
Name:PEN AIR FEDERAL CREDIT UNION
Address:
(Main Office)
1495 E Nine Mile Rd
Pensacola, FL 32514-5723
Phone:(850) 505-3200
Fax:(850) 317-8389
Website:https://www.penair.org
Branches:15 branch locations
Members:116,593
Credit Union Type:Federal Credit Union
Charter Number:1303
Membership Type:Multiple common bond - Primarily military
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$2,278,090,528
CEO/Manager:Delbert L Morgan
Chairperson:Robert Jacobson

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Micro Business Loans
  • Micro Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • First Time Homebuyer Program
  • Health Savings Accounts
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 388,926,592
TOTAL INVESTMENTS 751,370,859
Loans Held for Sale 5,974,974
 
 Real Estate Loans 283,087,498
 Unsecured Loans 102,299,334
 Other Loans 665,664,586
 TOTAL LOANS 1,053,501,535
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,994,470
 Land And Building 47,069,482
 Other Fixed Assets 8,670,407
 NCUSIF Deposit 15,023,494
 All Other Assets 22,547,655
  TOTAL ASSETS 2,278,090,528
LIABILITIES & CAPITAL:  
 Dividends Payable 981
 Notes & Interest Payable 40,059,006
 Accounts Payable & Other Liabilities 19,155,842
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 329,741,794
 Regular shares 874,821,491
 All Other Shares & Deposits 787,632,523
  TOTAL SHARES & DEPOSITS 1,992,195,808
  TOTAL LIABILITIES 2,051,411,637
 Regular Reserve 35,506,241
 Other Reserves -3,993,896
 Undivided Earnings 195,166,546
  TOTAL EQUITY 226,678,891
  TOTAL LIABILITIES, SHARES, & EQUITY 2,278,090,528
INCOME & EXPENSE  
 Loan Income 13,732,730
 Investment Income 1,679,555
 Other Income 2,666,241
 Total Employee Compensation & Benefits 6,648,560
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,653,716
 Non-operating Income & (Expense) 1,315,895
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,203,160
 Cost of Funds 3,642,763
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,722,047
↑ Back to Top

Other Credit Unions

GPCE CREDIT UNION
200 NORTH PACE BLVD
PENSACOLA, FL 32505
ECCO CREDIT UNION
4644 E Spencer Field Rd
PACE, FL 32571
FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNION
PO BOX 11003
PENSACOLA, FL 32526
WALTON COUNTY TEACHERS FEDERAL CREDIT UNION
WALTON COUNTY TEACHERS FCU, 1586 US
DEFUNIAK SPRING, FL 32433-1416
MY PENSACOLA FEDERAL CREDIT UNION
108 S REUS ST
PENSACOLA, FL 32502-5718
CENTRAL CREDIT UNION OF FLORIDA
P O Box 17048
PENSACOLA, FL 32522
MEMBERS FIRST CREDIT UNION OF FLORIDA
P. O. Box 12983
PENSACOLA, FL 32591
HARVESTERS FEDERAL CREDIT UNION
P.O. Box 5
CANTONMENT, FL 32533
SANTA ROSA COUNTY FEDERAL CREDIT UNION
P.O. BOX 841
MILTON, FL 32572
OKALOOSA COUNTY TEACHERS FEDERAL CREDIT UNION
1126 N FERDON BLVD
CRESTVIEW, FL 32536-1710