HomeEquity Bank: Credit Rating Report

On October 1, 2024, Morningstar DBRS confirmed its Long-Term Issuer Rating and Long-Term Senior debt credit rating on HEB at BBB (low). The trends on both credit ratings are Stable. The Bank's Intrinsic Assessment (IA) is BBB (low) with a Support Assessment of SA3. The SA3 designation, which reflects no expectation of timely external support, results in HEB's final credit ratings being equivalent to the Bank's IA.