It's Bank Failure Friday!!!
This one is too weeks late,but credit union failure number 7, Lakeside Federal Credit Union of Hammond, Indiana.
It actually happened on the 16th. My bad.
Here is the Full NCUA list.
We now have 1 more credit union failure this year than we have had bank failures, which is odd.
Normally, we have about twice as many bank as credit union failures.
Hmm………
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