Another Bank Failure

This Friday was another bank failure Friday.

We've had the 16^th bank failure of the year, The National Republic Bank of Chicago, in Chicago, Illinois. (Full FDIC list)

Wouldn't you know it, I comment on how commercial bank failures were low relative to Credit Unions on October 10, and there are failures in each of the following weeks.

Go figure.

Here is the graph pr0n with last few years numbers for comparison (FDIC only):