Fitch Rates Fulton Financial's The Columbia Bank 'A'.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has assigned an 'A' long-term rating to Fulton Financial Corporation's (FULT) recently acquired banking subsidiary, The Columbia Bank. On Feb. 1, 2006, FULT closed on its acquisition of Columbia Bancorp and its banking subsidiary The Columbia Bank. While Columbia Bancorp will be merged with and into FULT, The Columbia Bank will remain as a FULT banking subsidiary. The Columbia Bank's ratings are consistent with FULT's current banking subsidiary ratings. The Rating Outlook is Stable. For additional information, please refer to the Fitch fitch: see polecat. press release titled 'Fitch Affirms Fulton Financial Corporation; Will Assign Ratings to The Columbia Bank,' dated July 27, 2005 and available on the Fitch Ratings web site at www.fitchratings.com. Fitch assigns Individuals to whom property is, will, or may be transferred by conveyance, will, Descent and Distribution, or statute; assignees. The term assigns is often found in deeds; for example, "heirs, administrators, and assigns to denote the assignable nature of the following ratings with a Stable Outlook: The Columbia Bank --Long-term deposits 'A+'; --Long-term issuer 'A'; --Short-term issuer 'F1'; --Short-term deposits 'F1'; --Individual 'A/B'; --Support '5'. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. 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 Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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