It’s been a over a month since we’ve had a bank failure Friday, there has not been a bank failure since early November, but we just had a couple more credit union failures:
- Metropolitan Church of God Credit Union, Detroit, MI
- Health One Credit Union, Detroit, MI
Here is the Full NCUA list.
I’m still not sure why the ratio between credit union failures and bank failures is some where between 3 and 4:1.