KBRA Releases Surveillance Report for Mutual Bancorp
1 Dec 2023 | New York
On October 19, 2023, KBRA affirmed the senior unsecured of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Hyannis, Massachusetts-based Mutual Bancorp. In addition, KBRA affirmed the deposit and senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for its subsidiary, Cape Cod Five Cents Savings Bank. The Outlook for all long-term ratings is Stable.
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