MOUNT AIRY, Md.--()--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 National Credit Union Administration (NCUA). 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 - 6,682 institutions
ALL Savings & Loans - 632 institutions
ALL Credit Unions (non-corporate) - 7,104 institutions
Bank Holding Companies – 1,016 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).