Drive into the lazy, hazy days of summer! During the month
of May, move your auto loan to Pen Air and receive up to 2% APR¹ off of
your current rate and make
no payments for 90 days!¹Apply today at penair.org/AutoLoans.
Our Mortgage Experts are Here to Guide You
Are you thinking
about buying a new house?
Buying a home is probably the biggest financial decision you’ll make. Pen
Air’s Mortgage Lending Department has the experts you need to guide you
through the home buying process! Call one of our experts today at
850.505.3200 Ext. 8360 or learn more at penair.org/Mortgage.
Mortgage Lending Department Team:
Evelyn Annette Smith
Diana Kim Helton
Phillip Paul White, II
Catherine A. Coleman (Amy)
Insurance Programs4 for Your Benefit
Find the Perfect Gift
Celebrate your Moms, Dads and Grads with a Pen Air Visa Gift Card! No
reason to worry about finding that perfect gift. With a Visa Gift Card,
you can be sure they’ll use it to get something they really want! Call
850.505.3200 or visit any Pen Air branch to purchase your Visa Gift
Moments Check Presentation
Through the employee charitable giving program, Jeans for Generosity,
the employees of Pen
Air Federal Credit Union presented a check in the amount of
$4,000 to Magic Moments. The best part of the day was getting to
surprise Londyn and her family with her special wish, a trip to Disney
World! To find out more about Jeans for Generosity, visit www.penair.org/JeansforGenerosity.
In April, our youth members took a Walk
On The Wild Side at their credit union with Saving Safari
as Pen Air celebrates National Credit Union Youth Month™. This year's
About Saving™,” encourages youth to use resources
available at the credit union to help them cut their way through the
jungle of financial responsibility.
Pen Air was out and about at the Annual Baldwin County Strawberry
May 7: Pen Air’s 79th Annual Meeting at the Hadji Shrine on 800 W. Nine Mile Rd. Doors open
at 6 pm and meeting starts at 7 pm. Learn more at penair.org/OnTheRoad.
May 7: Harley Davidson Pensacola Give Away Registration Stop Live Radio Remote from 12 – 1 pm at the Saufley branch.
May 12: Harley Davidson Pensacola Give Away Registration Stop Live Radio Remote from 12 – 1 pm at the Pace branch.
May 13: Brunch n' Learn Series Event
Join the Business Solutions team from 10-11:30 a.m. for brunch as Ted
Kirchharr, COO of Landrum Professional Employer Services & Landrum
Consulting presents "The Busy Business Owners Guide to Health Care
Reform: What You Need to Know." RSVP today at www.penair.org/BusinessSolutions.
May 15: Annual Pen Air Fiesta Day Parade Downtown Pensacola. Parade starts at 7pm.
May 22: Annual Military Appreciation Month BBQ NAS Pensacola. To show our appreciation, Pen Air will be serving our
active duty military a BBQ lunch from 11-1 at our NAS Branch.
May 25: Memorial Day All
Pen Air FCU branch locations will be closed. Click here to
find the nearest ATM location.
1. Rates, terms and conditions are
subject to change and may vary based on creditworthiness, qualifications
and collateral conditions. All loans are subject to approval. Offer valid
on loan applications submitted 5/1/15 through 5/31/15. Auto loan must be transferred
from another financial institution and be in good standing for at least six
consecutive months. Rate will be reduced up to 2% but will be no lower than
1.99% APR, and/or current monthly payment will be reduced by $25. Interest
will still accrue with the No Payment for 90 Days offer. At 1.99% APR, a
loan amount of $20,000 and a term of 60 months, the monthly payment would
be $350.47. Other conditions and restrictions may apply. Call toll-free
1-877-4PENAIR for more information. 2. MLS# 413053. SPECIAL
OFFER. Pen Air FCU will pay closing costs on new Equity Loan applications
(Lines of Credit). Loans paid off and closed in less than two years (24
months) from the loan origination date will require reimbursement of all
closing costs paid by Pen Air FCU. For loan amounts up to $250,000, closing
costs typically range between $150 and $900. The closing costs depend on
the location of the property and the amount of the Equity Loan. No minimum
draw required on loan. Flood insurance may be required. Owner occupancy
required. 3. INTRODUCTORY RATE:
Discount is available for new Equity Loan Applications. You must set up and
maintain monthly payments for a minimum of 24 months or ANNUAL PERCENTAGE
RATE (APR) discount will be removed and your loan will revert to the
original note rate. For each of your first twelve (12) billing cycles, the
monthly Periodic Rate for new transactions will be as low as 2.99% APR.
Beginning with your thirteenth (13th) billing cycle the Periodic Rate and
the corresponding (APR) for all transactions and balances will be based
upon your contracted rate which will be a variable rate based upon The Wall
Street Journal prime rate which was 3.25% as of 02/24/2015, but will never
be more than 18%.Your contract APR will be based on several factors,
including your credit history, loan to value ratio, property type, and lien
status. A sample HELOC payment based on $100,000 at 2.99% APR for 20 years
is $554.10. Terms and conditions subject to change without notice. Subject
to credit approval. Rate may vary based on individual. 4.TruStage™
Auto and Home Insurance program is offered by TruStage Insurance Agency,
LLC and issued by leading insurance companies. Discounts are not available
in all states and discounts vary by state. The insurance offered is not a
deposit and is not federally insured. This coverage is not sold or
guaranteed by your credit union. TruStage™ Life Insurance is offered by
TruStage Insurance Agency, LLC and issued by CMFG Life Insurance Company.
The insurance offered is not a deposit and is not federally insured or
guaranteed by your credit union.