Overview In 1936, U.S. Naval Pensacola Air Station Federal Credit Union for Civil Service Employees was founded due to the need for low-cost financial services. The newly chartered credit union began with $4,500 collected in a cigar box. Today—with a much shorter name—Pen Air Federal Credit Union is the largest and oldest local credit union in Pensacola, Florida, operating at 16 locations in Northwest Florida and Southeast Alabama. With $1.4 billion in assets, the credit union is dedicated to enhancing lives through exceptional service, strength, and financial solutions. The 100,000-plus members have $816.6 million on deposit and are well-served by more than 300 full-time employees. Membership is open to individuals who work for or are members of eligible organizations; a

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