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Saturday, February 26, 2011

It's Bank Failure Friday!!!! (on Saturday)

It's a fairly slow week, with only one bank, and one credit union

And here they are, ordered, and numbered for the year so far.

  1. Valley Community Bank, St. Charles, IL
Full FDIC list

And here are the credit union closings:
  1. NYC OTB Federal Credit Union, New York, NY
Full NCUA list

I suppose that the OTB credit union closing was inevitable, as New York's OTB, state run Off Track Betting, was shut down recently because they could not make a profit. 

So, here is the graph pr0n with last years numbers for comparison (FDIC only):


And since it's early in the year, here is a detail of the first few weeks:

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