Coast Capital Savings Federal Credit Union: Rating Report

Summary

On May 17, 2023, DBRS Limited (DBRS Morningstar) confirmed all ratings of Coast Capital, including the Credit Union’s Long-Term Issuer Rating of BBB (high) and Short-Term Issuer Rating of R-1 (low). The trend on all ratings is Stable. Coast Capital’s Support Assessment remains SA3, which reflects no expectation of timely support.

Available Documents

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
17-May-23	Long-Term Issuer Rating	BBB (high)	Stb	Confirmed	CA
17-May-23	Short-Term Issuer Rating	R-1 (low)	Stb	Confirmed	CA
17-May-23	Long-Term Senior Debt	BBB (high)	Stb	Confirmed	CA
17-May-23	Short-Term Instruments	R-1 (low)	Stb	Confirmed	CA
17-May-23	NVCC Subordinated Debt	BB (high)	Stb	Confirmed	CA
17-May-23	Subordinated Debt	BBB	Stb	Confirmed	CA

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Coast Capital Savings Federal Credit Union

Long-Term Issuer Rating

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:BBB (high)
Trend:Stb
Rating Recovery:
Issued:CA

Short-Term Issuer Rating

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:R-1 (low)
Trend:Stb
Rating Recovery:
Issued:CA

Long-Term Senior Debt

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:BBB (high)
Trend:Stb
Rating Recovery:
Issued:CA

Short-Term Instruments

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:R-1 (low)
Trend:Stb
Rating Recovery:
Issued:CA

NVCC Subordinated Debt

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:BB (high)
Trend:Stb
Rating Recovery:
Issued:CA

Subordinated Debt

Date Issued:May 17, 2023
Rating Action:Confirmed
Ratings:BBB
Trend:Stb
Rating Recovery:
Issued:CA

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Coast Capital Savings Federal Credit Union: Rating Report

Summary

Available Documents