29 May 2020

It's Bank Failure Friday!!!

And we have the first credit union failure of the year, the IBEW Local Union 712 Federal Credit Union of Beaver, Pennsylvania.

So, we have had 2 bank failures, and 1 credit failure so far this year.

I figure that we are going to be seeing a lot more over the next few weeks, as the pandemic recession continues to widen and deepen.


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