It’s Bank Failure Friday!!!!

And here they are, ordered, and numbered for the year so far.

  1. Ravenswood Bank, Chicago, IL

Full FDIC list

So it is a slow Friday for bank closings, but the credit union closings mostly make up for that:

  1. Norbel Credit Union, Fort Collins, CO
  2. Certified Federal Credit Union, Commerce, CA
  3. Kappa Alpha Psi, Addison, TX

The NCUA has been busy over the past week.

Full NCUA list

So, here is the graph pr0n with trendline (FDIC only):

I would note that are now at the point where the utility of the least squares trendline is diminishing, but I’m keeping it here for historical purposes.

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