Monday, January 10, 2011
Fitch Withdraws Ratings of Alaska USA FCU
Fitch announced on January 7 that it was withdrawing its ratings of Alaska USA Federal Credit Union.
Fitch state that it withdrew the ratings "due to a lack of information provided by the company. While public information is available through regulatory filings, Fitch views the information currently available from all sources to be below the necessary threshold to maintain ratings on the company."
Fitch state that it withdrew the ratings "due to a lack of information provided by the company. While public information is available through regulatory filings, Fitch views the information currently available from all sources to be below the necessary threshold to maintain ratings on the company."
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Lovely way to spin the news - put it behind a paywall, so that the public is unable to verify the source.
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