At Pen Air Federal Credit Union, respect is a guiding principle. As the largest and oldest credit union headquartered in Pens ... acola, Florida, with $2.3 billion in assets, Pen Air is dedicated to enhancing lives through exceptional service, strength, and financial solutions. With thirteen locations in Northwest Florida and Southeast Alabama, Online and Mobile banking, we provide a worldwide reach. Pen Air is a not-for-profit, member-owned financial institution, serving the community and improving lives since 1936. Federally Insured by NCUA. Equal Housing Lender read more