Fitch Plans to Withdraw Mid-Atlantic's Ratings

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings plans to withdraw the ratings for Mid-Atlantic Corporate Federal Credit Union (Mid-Atlantic) on or about April 4, 2016, for commercial reasons.

Fitch currently rates the following entity with a Stable Outlook:

Mid-Atlantic Corporate Federal Credit Union

--Long-term IDR 'A+';

--Short-term IDR 'F1+';

--Viability Rating 'bb-';

--Support Rating '1';

--Support Rating Floor 'A-'.

Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. Fitch believes that investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal of Emigrant Bancorp, Inc. and its related entities. Ratings are subject to analytical review and may change up to the time Fitch withdraws the ratings.

Fitch's last rating action for the above referenced entities was on Jan. 29, 2016. The ratings were affirmed.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160304005842/en/

Fitch Ratings
Brian P. Quinn, Sr.
Senior Director
Business and Relationship Management
+1-312-368-5464
Fitch Ratings, Inc.
70 West Madison Street
Chicago, IL 60602
or
Media Relations
Hannah James, +1-646-582-4947
[email protected]

Source: Fitch Ratings

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