SAN DIMAS, Calif. — Western Corporate and Members United Corporate reacted to news that Standard & Poor’s has placed them on CreditWatch negative by focusing on the ratings agency’s reassuring words about their financial health and liquidity, and reminders that their stellar ratings weren’t downgraded. Both WesCorp and Members United maintained their A-1+ ratings, the highest S&P issues on short-term debt.

Victor Vrigian, chief marketing officer at Members United, said “During this especially turbulent time, it is gratifying that Members United’s ratings were not downgraded–but rather placed on CreditWatch Negative pending further review.”

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