Damn! I was not paying attention, and missed some bank failures:
Here are the commercial bank failures
- The Santa Anna National Bank, Santa Anna, TX on June 27.
This is rather unusual, as it was a Sunday closure, but it appears that the the closing might have been rushed due to, "Suspected Fraud." It was a tiny bank, with just under $54 million in deposits, and about $2.8 million of that was in deposits of more than the $250 thousand insurance limit, so there were 5 or 6 "Whale" accounts among their depositors at most. (I leave my reader(s) to draw a conclusion)
Here is the
Full FDIC list.
Meanwhile, in credit union land, I missed 4 failures:
Here are the credit union failures
- Unilever Federal Credit Union, Engelwood Cliffs, NJ on March 30
- Soul Community Federal Credit Union, Austell, GA on June 20
- Aldersgate Federal Credit Union, Marion, IL on June 18
- Butler Heritage Federal Credit Union, Middletown, OH on June 30
These all seem to be ordinary failures of small credit unions, except for the 6 month old Soul Community Federal Credit Union, which appears to have been chartered 6 months before its closure, and then it did nothing. ¯\_(ツ)_/¯
Here is the Full NCUA list, and the direct link for this year.


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