04 April 2020
It's Bank Failure Friday!!! (On Saturday)
We have had the 2nd bank failure of the year, The First State Bank, of BarboursvilleWV.
This would suggest 7-8 bank failures for the year, as versus 4 in 2019, and 0 in 2081, but the Covid-19 economic downturn would suggest that the eventual numbers could be significantly higher.
If you want to play with numbers, or look at trends, you could use the Full FDIC list.
This would suggest 7-8 bank failures for the year, as versus 4 in 2019, and 0 in 2081, but the Covid-19 economic downturn would suggest that the eventual numbers could be significantly higher.
If you want to play with numbers, or look at trends, you could use the Full FDIC list.
Labels:
Finance
,
regulation
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