It's Bank Failure Friday!!!

We have the first commercial bank failure of the year:

1. North Milwaukee State Bank, Milwaukee, WI

Full FDIC list

The failures of credit unions continue apace (actually from last week, sorry):

6. Education Associations Federal Credit Union, Washington, DC

Here is the Full NCUA list.


No graph pr0n, it would be kind of silly with only one commercial bank failure.

Not clear why credit union failures are outpacing commercial bank failures.