Fitch Plans to Withdraw Ratings of Emigrant Bancorp, Inc

March 4, 2016 10:16 PM

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(The following statement was released by the rating agency) CHICAGO, March 04 (Fitch) Fitch Ratings plans to withdraw the ratings of Emigrant Bancorp, Inc. on or about April 4, 2016, for commercial reasons.

Fitch currently rates the following entities with a Stable Outlook: Emigrant Bancorp, Inc. --Long-term Issuer Default Rating (IDR) at 'BB'; --Viability Rating at 'bb'; --Short-term IDR at 'B'; --Support Rating at '5'; --Support Rating Floor at 'NF'. Emigrant Bank --Long-term IDR at 'BB'; --Viability...

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