It's Bank Failure Friday!!!!
And here they are, ordered, and numbered for the year so far.
- Bank of the Eastern Shore, Cambridge, MD
- HarVest Bank of Maryland, Gaithersburg, MD
- Inter Savings Bank, fsb D/B/A InterBank, fsb, Maple Grove, MD
- Plantation Federal Bank, Pawley's Island, SC
- Palm Desert National Bank, Palm Desert, CA
Last week, I was noting how much the closure rate had slowed down, and I predicted less than 50 closures this year, and this week we see 5 closures.
Go figure.
So, here is the graph pr0n with last years numbers for comparison (FDIC only):
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