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are only as good as the bank that is providing the assurances.

When it comes to obtaining a Letter of Credit (LC), a Bank Guarantee (BG) or even a Line of Credit, it is important to remember that they are only as good as the bank that is providing the assurances.

To make sure that the bank you select is strong, we suggest you purchase both a
 Due Diligence Bank Performance Report and an Analytical Report on the bank.

The Due Diligence Report provides a balance sheet, income statement and several ratios comparing the bank’s performance for the current quarter to its performance during the corresponding quarter a year ago while the Analytical Report provides peer group comparisons and further breakdowns. Both reports include the bank’s current star rating.

Bauer’s Star-Ratings are not the same as Standard and Poor’s or Moody’s.   BauerFinancial’s star-ratings are geared toward depositors whereas S&P, Moody’s and Fitch rate investment offerings. BauerFinancial rates the strength of the bank or credit union as a whole. If you are looking for a Letter of Credit or Bank Guarantee, as a general guideline, Bauer’s ratings can be likened to the others as: 

 Standard & Poor's
 & Fitch
5-Stars  Aaa  AAA
4-Stars  Aa1, Aa2, Aa3
 AA+, AA, AA-
3 1/2-Stars  A1, A2, A3
 A+, A, A-
3-Stars  Baa1, Baa2, Baa3
2-Stars  Ba1, Ba2, Ba3
 BB+, BB, BB-
1-Star  B1, B2, B3
 B+, B, B-
Zero-Stars  Caa, Ca, C
 CCC, CC, C, D

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BauerFinancial, Inc.
P.O. Box 143520, Coral Gables, FL 33114
800.388.6686     FAX: 800.230.9569  Email:  customerservice@bauerfinancial.com

Ratings are independent. No institution has ever paid us to rate it, nor can any institution choose not to be rated.

Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc.. BauerFinancial relies upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings) as well as supplying the data fields incorporated herein. BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. BauerFinancial is a registered trademark. Any unauthorized use of its content, logos, name, and/or Star-ratings is forbidden.

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