| Credit Union Charter #68734

Penair

Florida JSON

Institution Profile

Address: 1495 E Nine Mile Road Pensacola, FL 32514

(850) 505-3200

Website:

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NCUA Profile:

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Charter Date:

1/1/1936

Charter Type:

State

Branches:

17

Branches by Region
FL 11 AL 4 VA 1

Financial Overview

Total Assets
$2.75B
Total Deposits
$2.38B
Total Loans
$1.65B
Members
136,115
Employees
404 399 Full-time / 5 Part-time
Allowance for Loan Losses
$27.08M

Performance Ratios

Net Worth Ratio
11.56%
Loan-to-Deposit Ratio
69.14%
Coverage Ratio
1.64% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +23.05% Total Deposits: +18.45% Total Loans: +28.28% since 2022 Q3

Member Growth

Member Growth

Members: +12.18% since 2022 Q3

Employee Growth

Employee Growth

Employees: +21.69% since 2022 Q3

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
18,732
Amount This Year (YTD)
$633.16M

Number of Loans per Quarter

Loans Granted: -80.53% since 2022 Q3

Loan Amount per Quarter

Amount Granted: -74.00% since 2022 Q3

Loan Portfolio Breakdown

Current outstanding balances by loan type

Used Vehicle
$585.70M 35.6%
New Vehicle
$419.96M 25.5%
1st Mortgages
$211.21M 12.8%
HELOCs
$97.67M 5.9%
CRE: Construction
$69.98M 4.2%
Other Unsecured
$53.04M 3.2%
Credit Card
$52.89M 3.2%
CRE: Non-Owner-Occupied
$52.31M 3.2%
CRE: Owner-Occupied
$46.97M 2.9%
Other Secured
$23.94M 1.5%
CRE: Multifamily
$21.24M 1.3%
Other Real Estate
$8.98M 0.5%
Commercial & Industrial
$2.67M 0.2%
Commercial Unsecured
$664,187 0.0%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 136,115 $2.75B $2.38B $1.65B 404
2025 Q3 133,994 $2.66B $2.30B $1.60B 398
2025 Q2 132,496 $2.57B $2.21B $1.58B 383
2025 Q1 130,904 $2.50B $2.16B $1.55B 384
2024 Q4 129,804 $2.55B $2.13B $1.53B 380
2024 Q3 129,385 $2.68B $2.17B $1.52B 385
2024 Q2 128,886 $2.94B $2.26B $1.52B 378
2024 Q1 127,525 $3.12B $2.30B $1.51B 373
2023 Q4 126,262 $3.08B $2.22B $1.49B 363
2023 Q3 125,669 $2.93B $2.19B $1.47B 359
2023 Q2 124,680 $2.88B $2.13B $1.43B 355
2023 Q1 123,407 $2.86B $2.11B $1.39B 343
2022 Q4 121,794 $2.37B $1.99B $1.34B 331
2022 Q3 121,331 $2.24B $2.01B $1.28B 332

Interest Rates

Current average rates by loan type

New Vehicle
5.74%
Used Vehicle
5.74%
1st Mortgage (Fixed)
6.50%
HELOC
7.74%
Credit Card
12.90%
Other Unsecured
17.90%