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DBRS confirms short-term instruments rating of Credit Union Central of Saskatchewan

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DBRS confirms short-term instruments rating of Credit Union Central of Saskatchewan

DBRS onSept. 23 confirmed the short-term instruments rating of Regina, Canada-basedCredit Union Central ofSaskatchewan at R-1 (low) with a stable trend.

The ratingis driven by DBRS' intrinsic assessment of the Saskatchewan credit union system,including its "satisfactory franchise strength, earnings power, riskprofile, funding and liquidity, and capitalization,"according to the rating agency.