Pen Air to open Garden Street location in Studer Community Institute Tower

PENSACOLA, FL (July 9, 2018) — Pen Air Federal Credit Union (Pen Air) announces its newest location on Garden Street in the Studer Community Institute Tower in downtown Pensacola. The existing Palafox and Gregory locations will consolidate into this new location, and is scheduled to open to serve its members in early spring of 2019.

“After looking at all of our options to provide the best member service in downtown Pensacola, it made perfect sense for us to partner with SCI and become a part of the vibrancy happening in the tower,” said Stu Ramsey, Pen Air President/CEO.

The plans for the new, full-service retail location in the tower’s lobby are underway, with approximately 3,800 square feet of space. It will also feature Pen Air LIVE technology that will offer additional convenience and longer hours to serve its members’ needs. There will be two Pen Air LIVE drive up lanes located in the parking lot, as well as a walk-up inside the tower lobby.

“We are thrilled to expand our relationship with Pen Air by having them as a signature tenant in the re-imagined SCI building lobby,” said Andrew Rothfeder, Studer Properties President. “Partnering with such a generous and community-minded organization aligns perfectly with our mission for the building – to provide a dynamic community space for civic engagement, collaboration, solutions, and improving the quality of life.”

More details will be released as they become available. Learn more about Pen Air LIVE at

About Pen Air Federal Credit Union

At Pen Air Federal Credit Union, respect is a guiding principle. As the largest and oldest credit union headquartered in Pensacola, Florida, with $2.3 billion in assets, Pen Air is dedicated to enhancing lives through exceptional service, strength, and financial solutions. With 11 locations in Northwest Florida and Southeast Alabama combined with online and mobile banking, we provide worldwide reach. Pen Air is a not-for-profit, member-owned financial institution, serving the community and improving lives since 1936. For more information, visit


Mallory Wilson, Communications and PR Specialist
1495 E. Nine Mile Road
Pensacola, FL 32514
850.505.3200 x 7775

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