Pen Air earns “Best of Bauer” 5-Star Elite Rating
PENSACOLA, FL (June 21, 2022) — 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 129 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 purpose is to enhance lives through exceptional service, strength and financial solutions,” says Delbert Lee Morgan, Pen Air Federal Credit Union President & CEO. “Earning this distinction proves that we serve as more than a community banking resource, but as a trusted community leader. Our members can trust that Pen Air will continue to be where people and community, resources and expertise, simplicity and technology, all align around shared values, for generations to come.”
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.
About Pen Air Federal Credit Union
Established in 1936, PenAir Credit Union has been a bold force for good, uniting community, resources, and impact. With assets surpassing $3.1 billion, PenAir is dedicated to enhancing the lives of its members from Mobile, Alabama, to Tallahassee, Florida. As a member-owned institution, PenAir prioritizes individual needs, ensuring tailored solutions for financial success. Beyond financial services, PenAir actively contributes to community growth through education, development projects, and charitable endeavors. Learn more about how PenAir is building a legacy of financial empowerment and community enrichment at www.penair.org.
About BauerFinancial, Inc.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.
