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

I missed a credit union failure last week, I was busy battling the elements to get to my Eugenia's Bat Mitzvah.

While I was battling the elements, the NCUA was closing the St. Francis Campus Credit Union of Little Falls, Minnesota (Full NCUA list), the 3^rd closing of the year.

Given that there were 24 failures of banks, and 13 credit unions closed in 2013, it appears that we are slightly ahead of last year's trend.