Long-term Issuer

BBB- (OS)
2/25/2022
Baa3 (OS)
2/22/2021
Ratings History
S&P MOODY'S FITCH RATING
BB+ (OP)
5/28/2021
Baa3 (ON)
12/9/2019

BB+ (OS)
3/23/2020
Baa3 (OS)
2/25/2019

BB+ (OP)
12/10/2019
Baa3 (OS)
3/2/2017

BB+ (OS)
2/10/2017
Baa3 (ON)
4/13/2016

Subordinated Debt

BB+
2/25/2022
Baa3
4/28/2021
Ratings History
S&P MOODY'S FITCH RATING
BB+
5/9/2022
Baa3
12/9/2019

BB
2/9/2016
Baa3
2/25/2019

-
Baa3
3/2/2017

-
Baa3 (WR)
4/13/2016

Preferred Stock

BB-
2/25/2022
Ba2
3/1/2021
Ratings History
S&P MOODY'S FITCH RATING
BB-
5/9/2022
Ba2
2/9/2019

B+
2/9/2016
Ba2
2/25/2019

-
Ba2
3/2/2017

-
Ba2 (WR)
4/13/2016



S&P MOODY'S FITCH RATING
Bank Individual -
C- (OS)
11/20/2014

-
C- (OS)
9/13/2012

Certificate of Deposit -
A3 (ON)
12/9/2019

-
A3 (OS)
2/25/2019

-
A3 (OS)
3/2/2017

-
A3 (ON)
4/13/2016

S&P MOODY'S FITCH RATING
Long-term Issuer BBB (OS)
2/25/2022
-

Long term Counterparty Rating -
Baa2 (OS)
2/22/2021

Short-term/Commercial Paper -
P-2
2/22/2021

Certificate of Deposit -
A3 (OS)
2/22/2021




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Long-Term Ratings



  • 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

Moody's

  • Highest Quality
    (P)Aaa Aaa
  • High Quality
    Aa1 (P)Aa1 (P)Aa2 Aa2 Aa3 (P)Aa3
  • Upper-Medium Quality
    (P)A1 A1 A2 (P)A2 (P)A3 A3
  • Medium-Grade Quality
    Baa1 (P)Baa1 (P)Baa2 Baa2 Baa3 (P)Baa3
  • Substantial Risk
    (P)Ba1 Ba1 Ba2 (P)Ba2 (P)Ba3 Ba3
  • High Risk
    B1 (P)B1 (P)B2 B2 B3 (P)B3
  • Very High Risk
    (P)Caa1 Caa1 Caa2 (P)Caa2 (P)Caa3 Caa3
  • Highly Speculative
    (P)Ca Ca
  • Default
    C (P)C

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
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Short-Term Ratings



  • 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)

Moody's

  • Superior
    (P)MIG 1 (P)P-1 (P)VMIG 1 MIG 1 P-1 VMIG 1
  • Strong
    VMIG 2 P-2 MIG 2 (P)VMIG 2 (P)P-2 (P)MIG 2
  • Acceptable
    (P)MIG 3 (P)P-3 (P)VMIG 3 MIG 3 P-3 VMIG 3
  • Not Prime
    NP (P)NP

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
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Financial Strength Ratings



  • 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

Moody's

  • Exceptional Security
    Aaa
  • Excellent Security
    Aa1 Aa2 Aa3
  • Good Security
    A1 A2 A3
  • Adequate Security
    Baa1 Baa2 Baa3
  • Questionable Security
    Ba1 Ba2 Ba3
  • Poor Security
    B1 B2 B3
  • Very Poor Security
    Caa1 Caa2 Caa3
  • Extremely Poor Security
    Ca C

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
Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing
Issuer ratings are S&P/Moody’s 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.