PEN AIR Credit Union Profile

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PEN AIR

Charter #68734 | NCUA Region 2 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (850) 505-3200

Fax:

Founding Date: N/A

Website: https://www.penair.org

Personnel & Operations

President: Jacobson, Robert

Manager: Morgan, Delbert

FT Employees: 380

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 16

Hours: Administrative Location Only

Credit Union Profile Summary

PEN AIR is a FISCU Credit Union. With a total of 132,496 members ^[1], this institution manages approximately $2,569,966,693 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 12.21% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.74% ^[1].

Financial Snapshot

Total Assets ^[1]

$2,569,966,693

Total economic resources.

Total Loans ^[1]

$1,577,641,931

Total value of outstanding loans.

Total Deposits ^[1]

$2,214,012,412

Total funds deposited by members.

Members ^[1]

132,496

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

12.21%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.53%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

71.26%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↓ -12.48%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 3.74%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 2.80%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

9021 Westside Dr

Pensacola, FL, 32514-5539

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 11 branches reported by PEN AIR (Charter #68734).

Main Office

Nine Mile Road Main Office

Type: Corporate Office

1495 E Nine Mile Rd

Pensacola, FL 32514-5723

Phone: (850) 505-3200

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Eastern Shore

Type: Branch Office

10010 Eastern Shore Blvd

Spanish Fort, AL 36527

Phone: (850) 505-3200

Services: Member Services, ATM, Drive-Thru

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