BauerFinancial Inc., in Coral Gables, Florida, announces that Pen Air Federal Credit Union (Pen Air), has once again earned its highest 5-Star Superior rating. Having achieved Bauer’s highest rating for the latest 108 consecutive quarters, Pen Air has also been given the “Best of Bauer” status, a designation reserved only for those credit unions that have earned a 5-Star rating for 25 straight years or longer.
“Our mission is to enhance lives through exceptional service, strength and financial solutions,” said Stu Ramsey, president and CEO of Pen Air. “Earning this distinction proves that we are achieving our mission to provide exceptional strength. Our members can trust that their credit union is safe and sound.”
BauerFinancial Inc., the nation’s credit union and bank rating firm, has been analyzing and reporting on the nation’s financial institutions since 1983. A 5-Star rating by Bauer indicates that Pen Air is one of the strongest credit unions in the nation, excelling in such areas as capital, loan quality, profitability, and much more.