05 December 2015

It's Bank Failure Friday!!! (On Saturday)

We have another credit union failure, the 12th of the year, Greater Abyssinia Federal Credit Union​, of Cleveland, ​OH.

It was closed on December 1.

So, now we have 12 credit union failures, and 8 bank failures.

Not sure why there have been more credit union closings that bank closings this year.


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