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Chemung County Treasurer Moodys A1 Rating

Chemung County Treasurer Jennifer Furman received confirmation today from Moody’s Investors Service (Moody’s) of their decision to assign an A1 rating to Chemung County’s upcoming Public Improvement Serial Bond. A Moody’s rating designates the creditworthiness of the issuer of debt, in this case Chemung County government. A rating of A1 is strong and signifies that the issuer has stable financial backing, ample reserves, and low risk of credit default.

See press release located here.