31 August 2018

It's Bank Failure Friday!!!

Still no bank closings this year, but we have had 2 credit union closings this month:
  1. Ukrainian Future Credit Union​, Warren, MI (Forced Merger on 18 August)
  2. Melrose Credit Union, Briarwood, NY (today)
Not sure why credit unions are failing, and banks are not.

Here is the Full NCUA list.


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