We now have the 4th bank failure of the year, just 1 week after the the 3rd bank failure, this time it’s the Almena State Bank of Almena, KS.
So, we now have as many commercial bank failures in 2020 as we did in 2019.
I can’t help but think that there was some regulatory forbearance going on for electoral advantage, and that now that the election is just over a week away, the political appointees are too busy updating their resumes to worry about this.