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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