BAM Mutual Email Format
Financial ServicesNew York, United States51-200 Employees
BAM Mutual is a financial services firm based in New York that operates as the only mutual bond insurer. It provides guarantees to bond investors that they will receive timely interest and principal on insured bonds, with those guarantees described as irrevocable and unconditional. The company holds an AA rating with a Stable outlook from S&P Global Ratings. Its investors and municipal issuers are served through insured bonds, and governance includes representation from its municipal issuer-members. The firm is mid-sized. In October 2024, BAM appointed Tom Vales as an independent director representing its municipal issuer-members.