11 January 2016

Bank Failure Friday, 2015 Wrap

The year in review was good, only 8 bank failures and 13 credit union failures, the final one being First Hawaiian Homes Federal Credit Union​, of Hoolehua​, HI.

That's the fewest since I started keeping track in 2010.

It was also a weird, because it's the first time that credit unions out failed banks, and they did so by over 50%.

It's a small sample size, but it's still weird.

The count for both remains at 0 so far for 2016.


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