It’s Bank Failure Friday!!! (On Saturday)

We have had the 2nd bank failure of the year, The First State Bank, of BarboursvilleWV.

This would suggest 7-8 bank failures for the year, as versus 4 in 2019, and 0 in 2081, but the Covid-19 economic downturn would suggest that the eventual numbers could be significantly higher.

If you want to play with numbers, or look at trends, you could use the Full FDIC list.

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