It's Bank Failure Friday!!!! (Delayed for Holiday)
I've been off line for Yom Kippur, so this is a day late.
And here they are, ordered, and numbered for the year so far.
- ISN Bank, Cherry Hill, NJ
- Bank of Ellijay, Elllijay, GA
- First Commerce Community Bank, Douglasville, GA
- The Peoples Bank, Winder, GA
- Bramble Savings Bank,Milford, OH
- Maritime Savings Bank, West Alis, WI
This number appears to be on the fast track for breaking 150 this year.
Full FDIC list
And here are the credit union closings:
Full NCUA list
So, here is the graph pr0n with trendline (FDIC only):
I would note that are now at the point where the utility of the least squares trendline is diminishing, but I'm keeping it here for historical purposes.
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