It's Bank Failure Friday!!!!

I missed one last week, I didn't scroll down, and it was local, Oldham Family Alliance Federal Credit Union, of Baltimore, MD.

It is the 7^th 6^th failure of the year.

I had been miscounting the information from the NCUA closings page, and I have missed those credit unions "Merged with NCUA assistance."  (see below, click for popup)

So we actually have 1 more credit union failure this year than we have bank failures, which is kind of weird.