Year End Summary: Bank Failures

There were 8 commercial bank failures, and 11 credit union failures.

This is the fewest number of commercial bank failures least since 2007 (3 that year, over 20 in 2008).

I am not sure how much of this is better economic times or better regulation, and how much is the fact that there are a lot fewer banks because of consolidation.

I have no if this means anything at all, but I’ve been following this since mid-2009, so I will continue to do so.

(on edit)
My bad, there were fewer commercial bank failures last year, 5, though there were more credit union failures, 15.

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