Correction: Fitch Affirms Citigroup & Subsidiaries IDRs at 'AA+'.

CHICAGO -- (This amends a press release issued on Friday May 19 as Associates Capital B.V. no longer has outstanding subordinated debt. The description on Citibank International plc's long-term 'AA+' rating is also amended to reflect it as a Long-Term IDR.)

Fitch affirms all ratings of Citigroup Inc. and its subsidiaries. The Rating Outlook is Stable. A complete list of ratings is included below.

Fitch's ratings for Citigroup incorporate an expectation of strong financial performance accompanied by a high level of stability. The sustainability of this performance will depend on many factors, including market share expansion in global consumer and investment banking, the maintenance of good asset quality, efficient operations, and accretive acquisitions. The breadth of Citigroup's products and its disciplined credit and market risk management are also integral to the ratings. Fitch believes these factors also contribute to its strong financial performance.

The following ratings have been affirmed:

Citigroup Inc.

-- Long-term Issuer Default Rating (IDR) 'AA+';

-- Senior unsecured 'AA+';

-- Subordinated debt 'AA';

-- Preferred stock 'AA';

-- Short-term rating 'F1+';

-- Individual 'A';

-- Support '5'.

Citigroup Funding Inc.

-- Long-term IDR 'AA+'

-- Senior unsecured 'AA+';

-- Short-term rating 'F1+';

Citigroup Capital Trust II through X

-- Preferred stock 'AA';

Citicorp Capital Trusts I through II

-- Preferred stock 'AA';

Citigroup Global Markets Holdings Inc.

-- Senior unsecured 'AA+';

-- Subordinated debt 'AA'.

Citibank N.A.

Citibank (Nevada) N.A.

Citibank (South Dakota) N.A.

Citibank Delaware

Citibank FSB 

Citibank West FSB

-- Long-term deposits 'AAA';

-- Long-term IDR 'AA+';

-- Short-term deposits 'F1+';

-- Short-term 'F1+';

-- Individual 'A'

-- Support '1'.

Citibank International PLC

-- Long-term Issuer Default Rating (IDR) 'AA+';

-- Short-term 'F1+';

-- Support '1'.

CitiFinancial Europe PLC

-- Senior unsecured 'AA+';

-- Subordinated debt 'AA'.

Associates First Capital B.V.

-- Senior unsecured 'AA+'.

Associates Corp of North America 

-- Senior unsecured 'AA+';

-- Subordinated debt 'AA'.

Arcadia Financial LTD.

-- Senior unsecured 'B'.

Commercial Credit Company

-- Senior unsecured 'AA+'

Adams Capital Trust I - III

-- Preferred 'AA'

Adams Statutory Trust I-v

-- Preferred 'AA'

Primerica Life Insurer

-- Insurer Financial Strength (IFS) 'AA+'

The Outlook on all Ratings is Stable.

The following Ratings are withdrawn:

Citibank (New York State)

-- Long-term deposits 'AAA';

-- Long-term senior 'AA+';

-- Short-term deposits 'F1+';

-- Short-term 'F1+';

-- Individual 'A';

-- Support '1'.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.