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Moody's Upgrades Credit Ratings on California Republic Bank Prime Auto Loan Backed Securities to "Aaa"

June 21, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- California Republic Bancorp (OTCBB:CRPB), announced that on May 28, 2014, Moody's Investor Service upgraded eight auto loan backed securities and affirmed one security issued by California Republic Auto Receivables Trusts to "Aaa" credit rating, which represents Moody's highest credit rating for such securities.

For more information please see the full press release from Moody's Investor Service at: https://www.moodys.com/research/Moodys-upgrades-California-Republic-issued-prime-auto-loan-ABS-to--PR_300343. About California Republic Bancorp: California Republic Bancorp is the holding company for California Republic Bank and CRB Auto, Inc.California Republic Bank is a full-service commercial bank providing loans, deposit and cash management services to individuals, businesses, and investors. The Bank offers its customers direct access to decision makers, unparalleled responsiveness, seasoned Relationship Managers and state-of the-art technology. The Bank has four full-service branches serving Southern California located in Newport Beach, Beverly Hills, Irvine, and Westlake Village. The Bank also owns and operates an indirect auto finance business and a separate wholly owned subsidiary, CRB Auto, Inc. which purchases auto contracts from both franchised and independent automobile dealerships throughout California, Arizona, Texas, Nevada, Iowa, Kansas and Missouri.

For more information, contact Jon Wilcox, CEO, or John DeCero, President at 949-270-9719. You can also visit the Company's website at www.crbnk.com.

Keywords for this news article include: California Republic Bancorp.

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Source: Investment Weekly News


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