10 December 2010

It's Bank Failure Friday!!!!

And here they are, ordered, and numbered for the year so far.

We broke 150 failed banks for the year.
  1. Paramount Bank, Farmington Hills, MI
  2. Earthstar Bank, Southampton, PA
Around July, it looked like there would be about 190 failed banks for the year around July, but the pace has slackened significantly.

For historical reference, here is the Full FDIC list for banks, and the Full NCUA list for credit unions.

So, here is the graph pr0n with trendline (FDIC only):
Posted by Matthew Saroff at 9:57 PM
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