NEW YORK - Fitch Investors Service Inc. said it affirmed the A senior debt ratings of Home Savings of America, Great Western Financial Corp., and Great Western Bank, but revised the California companies' trends downward.

Home Savings' credit trend was lowered to declining from stable, while Great Western Financial and its subsidiary became uncertain rather than stable. Fitch said Home and Great Western are suffering from deteriorating asset quality amid California's depressed economy.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.