TellerScore

Headquartered in Pensacola, Florida, Penair Credit Union is a federally insured state-chartered credit union with $2.8B in total assets and $2.4B in member shares and deposits as of Q2 2026. It operates 17 offices across 3 states. Its charter dates back to 1936.

Based on its Q2 2026 filing, Penair Credit Union scores 69/100, which we describe as moderate. That is higher than 54% of 454 credit unions with $1 billion – $10 billion. Among 107 credit unions headquartered in Florida, it ranks 60th. Its strongest component is problem-loan coverage (91/100; 4.4%), and its lowest is earnings (37/100; 0.43%).

TellerScore · Q2 2026

Scorecard

Capital cushion65/100
Net worth ratio: 11.48%
Loan quality80/100
Loans 60+ days delinquent ÷ total loans: 0.60%
Earnings37/100
Return on assets (annualized): 0.43%
Funding & liquidity89/100
Loans ÷ shares: 71.7% · 10.6% uninsured
Problem-loan coverage91/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 4.35%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 4 points (73 → 69), mostly because the capital cushion component weakened by 7 points.

TellerScore
646973Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202464
Q3 202468
Q4 202471
Q1 202573
Q2 202573
Q3 202573
Q4 202570
Q1 202670
Q2 202669
Net worth ratio
7.00%9.69%12.38%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202410.24%
Q3 202411.41%
Q4 202412.02%
Q1 202512.38%
Q2 202512.21%
Q3 202512.01%
Q4 202511.56%
Q1 202611.60%
Q2 202611.48%
Delinquent loans (60+ days)
0.51%0.65%0.79%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.74%
Q3 20240.76%
Q4 20240.79%
Q1 20250.51%
Q2 20250.55%
Q3 20250.60%
Q4 20250.74%
Q1 20260.58%
Q2 20260.60%
Return on assets
0.27%0.45%0.63%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.27%
Q3 20240.48%
Q4 20240.62%
Q1 20250.44%
Q2 20250.53%
Q3 20250.63%
Q4 20250.59%
Q1 20260.39%
Q2 20260.43%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202669$2.8B11.48%0.60%0.43%71.7%
Q1 202670$2.8B11.60%0.58%0.39%70.5%
Q4 202570$2.8B11.56%0.74%0.59%69.1%
Q3 202573$2.7B12.01%0.60%0.63%69.8%
Q2 202573$2.6B12.21%0.55%0.53%71.3%
Q1 202573$2.5B12.38%0.51%0.44%71.7%
Q4 202471$2.6B12.02%0.79%0.62%71.8%
Q3 202468$2.7B11.41%0.76%0.48%70.0%
Q2 202464$2.9B10.24%0.74%0.27%67.3%

454 peers · $1 billion – $10 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.48%
62nd
Problem loans0.60%
60th
Net charge-offs0.79%
24th
Return on assets0.43%
18th
Loans to deposits71.7%
83rd
Uninsured deposits10.6%
36th
Loan-loss reserves0.00%
50th
Texas ratio4.4%
55th

Similar-size credit unions in Florida

InstitutionScoreAssetsCapitalProblem loansCompare
Florida Credit UnionCredit union Gainesville, FL75 out of 100, Strong$2.8B12.7%0.80%vs
Eglin Federal Credit UnionCredit union Fort Walton Bea, FL85 out of 100, Very strong$3.1B13.1%0.35%vs
Gte Federal Credit UnionCredit union Tampa, FL58 out of 100, Moderate$3.1B11.1%1.08%vs
Community First Credit Union of FloCredit union Jacksonville, FL73 out of 100, Strong$3.2B12.3%0.63%vs
Achieva Credit UnionCredit union Dunedin, FL68 out of 100, Moderate$3.2B9.9%0.35%vs
Ithink Financial Credit UnionCredit union Boca Raton, FL65 out of 100, Moderate$2.4B10.7%0.75%vs

Deposit insurance

Is my money safe at Penair Credit Union?

Yes. Penair Credit Union is a federally insured credit union (NCUA charter #68734). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 10.6% of shares and deposits ($258.1M) are above the $250,000 NCUA insurance limit, close to the peer median of 9%. Insured balances are protected regardless of the score.

The net worth ratio is 11.48%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

17 locations

Branches

Penair Credit Union lists 17 offices in 11 cities across 3 states. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Penair Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
68734
RSSD ID
964072
Primary regulator
State + NCUA
Established
1936
Headquarters
1495 E Nine Mile Road, Pensacola, FL 32514
Employees
414

Quick answers

Penair Credit Union: common questions

Is Penair Credit Union NCUA insured?

Yes. Penair Credit Union is a federally insured credit union (NCUA charter #68734). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Penair Credit Union's TellerScore?

69 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Penair Credit Union have?

17 offices as of the latest NCUA data, in 3 states.

Nearby

Highest-scoring banks and credit unions with branches near Pensacola

InstitutionScoreAssetsCapitalProblem loansCompare
Members First Credit Union of FloriCredit union Pensacola, FL93 out of 100, Very strong$315.8M15.4%0.43%vs
The Warrington BankBank Pensacola, FL88 out of 100, Very strong$173.9M16.7%0.00%vs
Eglin Federal Credit UnionCredit union Fort Walton Bea, FL85 out of 100, Very strong$3.1B13.1%0.35%vs
Centennial BankBank Conway, AR79 out of 100, Strong$24.6B12.6%0.55%vs
Fnbt BankBank Fort Walton Beach, FL79 out of 100, Strong$628.5M11.1%0.00%vs
Santa Rosa County Federal Credit UnionCredit union Milton, FL78 out of 100, Strong$223.0M13.6%1.18%vs