27 February 2016

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

Still no commercial bank failures this year, but we have the 5th credit union failure of the year, ​Mildred Mitchell-Bateman Hospital Federal Credit Union, ​of Huntington, ​WI. (Full list)

I do not know why credit unions are failing so much more often than commercial banks, the last bank failure was about 5 months ago.

If my reader(s) have any insights, I would appreciate hearing from them.


Post a Comment