MOUNT AIRY, Md.--()--Kroll Bond Rating Agency’s (KBRA) Subscription Rating Service (KSRS) released updated financial strength ratings for U.S. Banks and Savings & Loans based upon the most recent quarterly financial information filed with bank regulatory authorities. KSRS uses a statistical model, enhanced by analyst review, to produce independent, unbiased ratings.
To review a copy of the ratings methodology, please see A Model for Assessing the Financial Strength of U.S. Banks and Savings & Loans (available at http://www.krollbondratings.com/rating_method.php).
KSRS 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 - 6,682 institutions|
|ALL Savings & Loans - 632 institutions|
|ALL Credit Unions (non-corporate) - 7,240 institutions|
|Bank Holding Companies – 1,016 institutions|
|Corporations – 1,000 institutions|
|Non-U.S. Banks – 275 institutions|
|Title Insurance Companies – 50 institutions|
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).