Kroll Bond Rating Agency Releases the Most Recent U.S. Credit Union Ratings

MOUNT AIRY, Md.--(BUSINESS WIRE)--Kroll Bond Rating Agency’s (KBRA) Subscription Rating Service (SRS) released updated financial strength ratings for U.S. Credit Unions (non-corporate), based upon the most recent quarterly financial information filed with the NCUA (National Credit Union Administration). KBRA’s SRS employs a robust model, enhanced by analyst review, to produce independent, unbiased ratings.

To access KBRA’s Credit Union ratings, please contact our office directly. To review a copy of the ratings methodology, please see Credit Union Rating Methodology – A New Financial Strength Model (available at http://www.krollbondratings.com/show_report/51).

KBRA provides financial strength ratings for nearly 17,000 entities. The Subscription Rating Service is used by finance, risk and treasury professionals to determine the credit worthiness and financial soundness of institutions. Typical users of KBRA’s financial strength ratings include financial institutions, cash managers and treasurers of Fortune 500 companies, state municipalities and other government agencies, universities, investment banks and portfolio managers. This service is also used by institutions that accept Letters of Credit, guarantees, or other credit enhancements issued by banks (and other financial institutions).

KSRS provides financial strength ratings for:

ALL U.S. Commercial Banks – 6,628 institutions

ALL Savings & Loans – 621 institutions

ALL Credit Unions (non-corporate) – 7,031 institutions

Bank Holding Companies – 1,010 institutions

Corporations – 1,000 institutions

Non-U.S. Banks – 275 institutions

Title Insurance Companies – 50 institutions

The report, Credit Union Rating Methodology – A New Financial Strength Model, can be found at www.krollbondratings.com.

About Kroll Bond Rating Agency

KBRA was established in 2010 by Jules Kroll to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate, clear and transparent ratings. KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).