Credit Ratings

Ratings Details

  S&P Fitch Ratings
Long-term Issuer

BBB+ (OS)
05/24/2021

A (OS)
5/18/2021
  Ratings History
 
BBB+ (OS)
6/28/2019
A (OS)
5/20/2019
 
BBB+ (ON)
10/10/2018
A (OS)
1/9/2018
 
BBB+ (ON)
3/27/2020
A (ON)
9/3/2020
 
BBB+ (OS)
6/28/2019
A (ON)
5/6/2020
 
BBB+ (ON)
2/9/2016
A (OS)
5/20/2019
 
A- (ON)
1/29/2015
A (OS)
5/23/2018
Short-term/Commercial Paper
-
F1
9/3/2020
  Ratings History
 
BBB+ (OS)
6/28/2019
A (OS)
5/20/2019
 
BBB+ (ON)
10/10/2018
A (OS)
1/9/2018
  -
F1
9/3/2020
  -
F1
5/6/2020
  -
F1
5/20/2019
  -
F1
5/23/2018

 

Subsidiaries

  S&P Fitch Ratings

Long-term Issuer
A- (OS)
5/24/2021
A (OS)
5/18/2021
Subordinated Debt
BBB+
10/10/2018
-
-
Short-term/Commercial Paper
A-2
10/10/2018
F1
9/3/2020
Certificate of Deposit

-
-

A+
9/3/2020
Bank Individual
-
-
a
9/3/2020

 

Ratings Scale

Long-Term Ratings

Fitch
Highest Credit Quality AAA AAA(EXP) AAApre
Very High Credit Quality AA+ AA+(EXP) AA AA(EXP) AA- AA-(EXP)
High Credit Quality A+ A+(EXP) A A(EXP) A- A-(EXP)
Good Credit Quality BBB+ BBB+(EXP) BBB BBB(EXP) BBB- BBB-(EXP)
Speculative BB+ BB+(EXP) BB BB(EXP) BB- BB-(EXP)
Highly Speculative B+ B+(EXP) B B(EXP) B- B-(EXP)
High Default Risk CCC+ CCC+(EXP) CCC CCC(EXP) CCC- CCC-(EXP) CC CC(EXP) C
Default DDD DD D
 
S&P
Extremely Strong AAA AAApi AAAt
Very Strong AA+ AA+pi AA+t AApi Aat AA AA- AA-pi AA-t
Strong A+ A+pi A+t Api At A A- A-pi A-t
Adequate BBB+ BBB+pi BBB+t BBB BBBpi BBBt BBB- BBB-pi BBB-t
Less Vulnerable BB+ BB+pi BB+t BB BBpi BBt BB- BB-pi BB-t
More Vulnerable B+ B+pi B+t B Bpi Bt B- B-pi B-t
Currently Vulnerable CCC+ CCC+pi CCC+t CCCpi CCCt CCC CCC- CCC-pi CCC-t
Highly Vulnerable CCpi CCt CC C+ C+pi C+t C Cpi Ct
Selective Default SD SDpi SDt
Default D+ D+pi D+t Dpi Dt D
Regulatory Supervision R Rpi Rt

 

Short-Term Ratings

Fitch
Exceptionally High Quality F1+ F1+(EXP)
High Quality F1 F1(EXP)
Good Quality F2 F2(EXP)
Fair Quality F3 F3(EXP)
Speculative B B(EXP)
High Default Risk C C(EXP)
Default D D(EXP)
 
S&P
Extremely Strong A-1+
Strong A-1
Satisfactory A-2
Adequate A-3
More Vulnerable B B-1 B-2 B-3
Highly Vulnerable C
Selective Default SD
Default D
Regulatory Supervision R

 

Financial Strength Ratings

Fitch
Exceptionally Strong AAA AAAq
Very Strong
AA+ AA+q AAq AA AA- AA-q
Strong A+ A+q Aq A A- A-q
Good BBB+ BBB+q BBBq BBB BBB- BBB-q
Moderately Weak BB+ BB+q BB BBq BB- BB-q
Weak B+ B+q B Bq B- B-q
Very Weak CCC+ CCC+q CCCq CCC CCC- CCC-q CCq CC Cq C
Distressed DDD DDDq DDq DD Dq D
 
S&P
Extremely Strong AAA AAApi
Very Strong AA+ AA+pi AApi AA AA- AA-pi
Strong A+ A+pi Api A A- A-pi
Good BBB+ BBB+pi BBBpi BBB BBB- BBB-pi
Marginal BB+ BB+pi BB BBpi BB- BB-pi
Weak B+ B+pi B Bpi B- B-pi
Very Weak CCC+ CCC+pi CCCpi CCC CCC- CCC-pi
Extremely Weak CCpi CC
Regulatory Action R
 
Issuer ratings are S&PFitch respectively. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.
 
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