DBRS Assigns Short-Term Instruments Rating of R-1 (low) to Credit Union Central Alberta with Stable Trend, Discontinues Commercial Paper Rating

DBRS Limited has today assigned a Short-Term Instruments rating of R-1 (low) with a Stable trend to Credit Union Central Alberta and simultaneously discontinued the Commercial Paper rating for clarity and consistency with rating descriptions used for similar institutions. This Short-Term Instruments rating applies to the same instruments issued using the Commercial Paper description.

Notes:
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodologies are Rating Canadian Credit Union Centrals and Desjardins Group (December 2014), Global Methodology for Rating Banks and Banking Organisations (June 2015) and Criteria: Support Assessment for Banks and Banking Organisations (March 2015), which can be found on DBRS’s website at www.dbrs.com.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.