Fitch Plans to Withdraw Mid-Atlantic's Ratings
OREANDA-NEWS. Fitch Ratings plans to withdraw the ratings for Mid-Atlantic Corporate Federal Credit Union (Mid-Atlantic) on or about April 4, 2016, for commercial reasons.
Fitch currently rates the following entity with a Stable Outlook:
Mid-Atlantic Corporate Federal Credit Union
--Long-term IDR 'A+';
--Short-term IDR 'F1+';
--Viability Rating 'bb-';
--Support Rating '1';
--Support Rating Floor 'A-'.
Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. Fitch believes that investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal of Emigrant Bancorp, Inc. and its related entities. Ratings are subject to analytical review and may change up to the time Fitch withdraws the ratings.
Fitch's last rating action for the above referenced entities was on Jan. 29, 2016. The ratings were affirmed.
Комментарии