News

Another credit union gets S&P rating

Wednesday 9th of September 2009

S&P gave the credit union a BB rating on its long-term counter-party credit rating and a B rating on its short-term counter-party credit rating, both with a stable outlook.

"The stable outlook factors in our expectation that FCU will soon reduce its property-development-type lending exposures, and that its financial profile will improve in the current fiscal year as a result of incre...

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