Strong credit ratings are key indicators of Associated's financial strength. Every year, a leadership team travels to New York to meet with rating agencies to tell the story of the cooperative’s financial strategies, forecasts and the past year’s financial performance. This credit review process is critical to keeping rates affordable for members.
Associated among the highest-rated G&Ts in the nation
All three of the main international rating agencies affirmed Associated’s credit rating based on financial details, strong governance, operations, environmental stewardship, systemwide cohesiveness, power marketing and risk management.
These ratings continue to rank Associated among the highest-rated G&Ts in the nation and set the foundation for the cooperative’s ability to access the lowest-cost loans and for its work with counterparties. They also enable the cooperative to buy fuel and transportation at no credit cost and receive lower interest rates when borrowing from financial institutions.
Current credit ratings for Associated:
AA- rating from Fitch Ratings
Aa3 rating from Moody’s Investors Service
AA rating from S&P Global Ratings
