We are proud to share that Moody's Investors Service ("Moody's") has assigned first-time A1/Prime-1 deposit ratings to First American Trust, FSB, along with a few other notable ratings.
"First American Trust's ratings are based on Moody's view that the bank is a highly integrated entity within the First American Financial family. This results in a standalone credit profile, as reflected in the a3 BCA, that is derived from the title insurer, First American Title Insurance Company. As a regulated bank with a deposit-centered liability structure, First American Trust's deposit and issuer ratings are then derived from the application of Moody's advanced Loss Given Failure (LGF) analysis, a key component of its Banks rating methodology."
Learn more about First American Trust, the ratings rationale, and factors that could lead to an upgrade (or downgrade) of the ratings in this article by Moody's Investor Service.
