05 June 2026

It's Bank Failure Friday!!!

We another credit union failure, the 5th (sort of) the year, Beverly Hills City Employees Federal Credit Union of Beverly Hills, California.

If this sounds familiar, that is because it is.  It was conserved on 22 January, and on Tuesday it was merged with Nuvision Federal Credit Union.  I'm calling it number 6 of the year, but it could be just an extensions of the 2nd closure of the year, or you could call this an additional ½ credit union closure.

Thoroughly confused now? 

Anyway, here is the Full NCUA list, and the direct link for this year.

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