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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