KBRA Assigns Preliminary Ratings to VStrong Auto Receivables Trust 2024-A

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by VStrong Auto Receivables Trust 2024-A ("VSTRG 2024-A"), an auto loan ABS transaction collateralized by subprime and nonprime collateral. VSTRG 2024-A is the second 144A offering of auto loan ABS for Valley Strong Credit Union (“VSCU”). VSCU is a California state-chartered credit union, founded in 1938 and headquartered in Bakersfield, CA with 24 branches and approximately 600 employees in the Central