28 July 2023

It's Bank Failure Friday!!!

And we have both a commercial bank failure and a credit union failure, Heartland Tri-State Bank, of Elkhart, KS, and Yonkers Postal Employees Credit Union, of Yonkers, NY.

That's 4 failures for banks and 5 for credit unions so far this year. (4½ bank failures if you count the"Voluntary" liquidation of Silver Lake Bank in March)

Here is the  Full FDIC list, and here is the Full NCUA list, and here is the direct link for this year

So, here is the graph pr0n with trendline (FDIC only):

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