08 July 2011

It's Bank Failure Friday!!!!

It's been a busy week, with closings of both bank and credit unions this week, 3 banks, one credit union, which is the most action we've seen since mid May.

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

  1. First Chicago Bank & Trust, Chicago, IL
  2. Colorado Capital Bank,Castle Rock, CO
  3. Signature Bank, Windsor, CO
Full FDIC list

And here are the credit union closings:
  1. Borinquen Federal Credit Union, Philadelphia, PA
Full NCUA list

So, here is the graph pr0n with last years numbers for comparison (FDIC only):


It's better than last year but still plenty ugly.

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