MCA Fund III Holding LLC: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned the following provisional ratings to the Class A Notes, the Class B Notes, and the Class C Notes (together, the Notes) to be issued by MCA Fund III Holding LLC pursuant to the MCA Fund III Offering Circular dated as of October 6, 2020, provided by Barclays Capital Inc., CMFG Life Insurance Company, and MEMBERS Capital Advisors, Inc. and their affiliates to DBRS Morningstar:

-- Class A Notes at A (sf)
-- Class B Notes at BBB (sf)
-- Class C Notes at BB (sf)