Business Details
PenAir Credit Union Commercial Banking Solutions
PenAir Credit Union Credit Union has dedicated itself to empowering businesses and individuals through personalized financial solutions. With a focus on Northwest Florida and South Alabama, we offer a comprehensive suite of commercial banking services, including real estate loans up to $50 million, working capital lines of credit, and equipment financing. Our team of seasoned professionals prioritizes relationship-driven banking, delivering tailored guidance to navigate challenges like market obstacles and cash flow management. We specialize in treasury management solutions, ACH origination, and remote deposit capture to streamline operations.Recognized for innovative financing during economic downturns, our institution has supported ventures from franchise startups to hospitality developments. With over 25 years of leadership experience in commercial banking, our officers combine local market expertise with national lending capabilities. We maintain a commitment to community growth through initiatives like financial counseling and scholarship programs, ensuring businesses thrive at every stage of development.
Services
Commercial Real Estate Loans
Business Checking Account
Business Savings Account
Working Capital Loans
Vehicle & Equipment Financing
Treasury Management
ACH Origination
Remote Deposit Capture
Security Options
Highlights and features
- We offer tailored financing solutions for commercial real estate projects
- Our team provides expert guidance through complex lending processes
- We deliver flexible loan options for business expansion and modernization
- We maintain proactive communication and transparency with clients
- Our treasury management tools optimize business cash flow efficiency
What people say
Personalized service
Tailored financing
Expert guidance
Flexible loan options
Proven partnership
Services
Commercial Real Estate Loans
PenAir Credit Union offers commercial real estate loans up to $50 million for property purchases, refinancing, or construction projects. These solutions support businesses acquiring new facilities or expanding existing operations. Our flexible terms accommodate various property types and investment strategies.
Working Capital Loans
Our working capital lines of credit ensure businesses maintain liquidity for daily operations and growth opportunities. These flexible financing options help manage cash flow gaps and support inventory purchases or payroll obligations.
Treasury Management
Treasury management services optimize business cash flow through ACH origination, remote deposit capture, and payment processing tools. These solutions enhance financial efficiency and reduce operational risks for growing companies.
Business Checking Account
PenAir Credit Union's Business Checking Account offers no monthly service fees with features designed for business operations. The account includes digital banking tools and integration with treasury management services for comprehensive financial management.
Equipment Financing
Equipment and vehicle financing options help businesses acquire necessary assets without depleting working capital. These loans support purchases of commercial vehicles, machinery, and technology equipment with competitive interest rates.
People
Dave Gooch
VP, Commercial Banking
With over 25 years in banking and credit unions, Dave specializes in commercial lending solutions for Northwest Florida and Eastern Alabama businesses.
Rebekah Vassar
Market Executive
Rebekah leads commercial banking efforts in Panama City and Bay County, Florida, leveraging local market expertise to support business growth.
Lindsay Marzan
Commercial Lending Portfolio Supervisor
With nearly a decade at PenAir Credit Union, Lindsay transitioned from retail operations to commercial banking in 2022, bringing comprehensive financial services knowledge.
Shannon Humphrey
Treasury Management Specialist
Shannon joined PenAir Credit Union in 2024 to expand treasury management services, combining sales expertise with financial technology solutions for business clients.
Melissa Senter
Commercial Lending Coordinator
Melissa has supported PenAir Credit Union's commercial banking team since 2017, providing industry knowledge and member-focused service coordination.
Questions
What commercial loan options does PenAir offer?
We provide real estate loans up to $50 million, working capital lines, equipment financing, and customized lending solutions for business growth.
How does PenAir support business expansion?
Our team offers step-by-step guidance through loan processes, flexible repayment terms, and innovative financing solutions for new ventures.
What treasury management services are available?
We offer ACH origination, remote deposit capture, and cash flow optimization tools to streamline business financial operations.
Can startups access financing through PenAir?
Yes, we evaluate each business's potential and provide tailored solutions, including term loans for new entrepreneurs.
Reviews (4)
Caleb Pate
Feb 02, 2022
Report
Literally the worst credit union Ive ever seen. Im closing my accounts with them. Customer service is aweful.
Daniel Monie
Dec 28, 2021
Report
Why are you not willing to have a downtown presence? Right now one of live tellers is down as well. Do you not want the business of the business owners downtown? You new management is lacking.
Hailey Baumann
Dec 19, 2021
Report
I will never bank with Pen Air or its affiliates again after the horrible customer service they gave me over the phone when I had someone rob me and take everything from me. The girl I spoke to needs to loose her job including her subordinates and when I ask to speak to a manage she told me no. The guy I spoke to previously was able to help but but the girl I spoke to has no business being in a bank or any customer service I have been banking with pen air for 5 years! And thats how they treat their loyal bankers.
Bill Leonard
Nov 28, 2021
Report
Asked teller to withdraw money out of MY account since I am on a family members account I gave her the account I wanted the money withdrawn from TWICE well low and behold she took it out of the WRONG account which I didn't realize until I had left, I accept the blame for not checking while I was at the branch but I felt I was dealing with professionals. When I returned I dealt with the teller next to her, who was very professional, the teller who made the mistake didn't have the decency to acknowledge the error nor apologize. This is not the service I would expect.
