Pen Air FCU Earns 87th 5-Star Superior Rating

Libby Morris, Marketing Media Specialist
Pen Air Federal Credit Union
850-505-3200, Ext. 4151
morrli@penair.org

PENSACOLA, Fla.- September 10, 2012 — Pen Air Federal Credit Union has once again been recognized as a Superior 5-Star Rated Credit Union by BAUERFINANCIAL, Inc. This marks the 87th consecutive quarter that Pen Air FCU has received this distinction, putting the credit union in an even more elite group of “Sustained Superiority Institutions.” Only five percent of the nation’s financial institutions can claim this honor.

In order to earn this 5-star rating, the highest level of strength and performance that a credit union can receive, the credit union must report impressive capital levels as well as an enviable loan portfolio with negligible levels of delinquent loans.

“Pen Air FCU is one of the U.S. credit unions that evoke an image of a brighter banking future for its members,” President of BAUERFINANCIAL, Karen Dorway, said. “That’s good news regardless of your age and income bracket.”

BauerFinancial, Inc., based in Coral Gables, Fla., is the nation’s leading independent bank and credit union rating and research firm. It has been analyzing and reporting the performance of U.S. banks and credit unions since 1983. No institution can pay BauerFinancial to rate it, nor can any choose to be excluded. Star-ratings can be found by visiting www.bauerfinancial.com.

Pen Air FCU is a not-for-profit, member-owned financial institution originally chartered in 1936 to serve civil service and military employees assigned to our military bases in the area, as well as their immediate families.  Pen Air FCU now serves many other employee groups, with 19 branches in Northwest Florida and Southwest Alabama, including four student-run branches at area high schools.

For more information, please contact Libby Morris at 850-505-3200, Ext. 4151 or morrli@penair.org.

---