Credit Union Central Alberta Limited: Rating Report
Banking OrganizationsSummary
On April 16, 2019, DBRS Limited (DBRS) confirmed the ratings of Alberta Central, including its Long-Term Issuer Rating of “A” and its Short-Term Issuer Rating of R-1 (low). The trends remain Stable. Under DBRS’s support assessment (SA) criteria, Alberta Central is assessed as SA2, which reflects expectation of timely systemic external support from the provincial government. This results in a one-notch uplift from the Intrinsic Assessment of the System of A (low), resulting in a final rating of “A.”
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