KBRA Releases Surveillance Report for GreenState Credit Union

2 Jan 2025   |   New York

Contacts

On November 15, 2024, KBRA downgraded the deposit and senior unsecured debt ratings to BBB- from BBB, downgraded the subordinated debt rating to BB+ from BBB-, and affirmed the short-term deposit and debt ratings of K3 for North Liberty, Iowa-based GreenState Credit Union. The Outlook for all long-term ratings was revised to Stable from Negative.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1007301