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.
- Valley Community Bank, St. Charles, IL
And here are the credit union closings:
- NYC OTB Federal Credit Union, New York, NY
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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