We have the 5th commercial bank failure of the year, matching the number of credit union failusres, Citizens Bank of Sac City IA.
It's a small bank, $66 million in total assets and $59 million in total deposits, but does put the total failures ahead of both 2019 and 2020, which each had 4.
So, here is the graph pr0n (FDIC only):
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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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