We have the first financial institution failure of the year, the, the Empire Financial Federal Credit Union in New York City.
I'm not sure why it's been a year and a half since the last bank failure and that there has been about 10 credit union failures.
In any case, here is the NCUA's link for credit union failures this year.
Not sure why the disparity between commercial banks and credit unions.
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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.
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I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.
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