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.
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.
Labels:
Finance
,
regulation
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