It's Bank Failure Friday!!!
We just had the 2nd credit union failure of the year, the forced merger of the New Mexico Correctional Employees FCU of Santa Fe, New Mexico.
It happened at the beginning of February, but the NCUA only added it to their website recently. (Here is the Full NCUA list.)
It appears that this year has a good chance of being no worse than last year, as this graph pr0n shows:
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