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Fitch Lowers Ratings for Mid-Atlantic Corporate FCU

WASHINGTON - Fitch Ratings dropped Mid-Atlantic Corporate Federal Credit Union's individual rating to B/C from A/B today, as result of the financial exposure of the corporates triggered by U.S. Central's $1.2 billion write off for last year.

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WASHINGTON – Fitch Ratings dropped Mid-Atlantic Corporate Federal Credit Union’s individual rating to B/C from A/B today, as result of the financial exposure of the corporates triggered by U.S. Central’s $1.2 billion write off for last year.

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