Press
Pen Air Federal Credit Union awarded 5-star superior rating
PENSACOLA, FL (December 19, 2013) — Pen Air Federal Credit Union has been awarded the 5-Star Superior Rating for strength and security for its 92nd consecutive quarter by BauerFinancial, Inc., the nation’s bank rating firm.
This 5-Star Superior rating ranks Pen Air FCU as one of the strongest credit unions in the nation. Having earned and sustained this 5-star rating for this length of time is an even more elite distinction of being a “Sustained Superiority Credit Union.”
Only five percent of the nation’s federally-insured credit unions have earned top ratings for this length of time and with such consistency. To receive this 5-Star Superior Rating, a credit union must operate at the highest level of strength and performance, with impressive capital gains and 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,” said president of BauerFinancial, Karen Dorway. “That’s good news regardless of your age and income bracket.”
BauerFinancial, 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.
For more information, contact Morgan Cole at (850) 505-3200, Ext. 4151 or colemo@penair.org.
Pen Air Federal Credit Union is committed to enhancing lives through exceptional service, strength and financial solutions.