KBRA Releases Surveillance Report for VyStar Credit Union

17 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 BBB- from BBB, and downgraded the short-term deposit and debt ratings to K3 from K2 for Jacksonville, Florida based VyStar Credit Union. The Outlook for all long-term ratings is Negative.

To access ratings and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1007055

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