Banner Corporation, the parent company of Banner Bank, has received an affirmation of its credit ratings from Kroll Bond Rating Agency (KBRA). The agency affirmed a BBB+ senior unsecured debt rating, a BBB subordinated debt rating, and a K2 short-term debt rating for Banner Corporation. Banner Bank's ratings include an A- for deposit and senior unsecured debt, BBB+ for subordinated debt, and K2 for short-term deposits and debt. The outlook for all long-term ratings remains stable, highlighting the company's financial strength and reliable capital source for clients.
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