{"id":176515,"date":"2020-05-29T19:17:00","date_gmt":"2020-05-30T00:17:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2020\/05\/29\/its-bank-failure-friday-2\/"},"modified":"2020-05-29T19:17:00","modified_gmt":"2020-05-30T00:17:00","slug":"its-bank-failure-friday-2","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2020\/05\/29\/its-bank-failure-friday-2\/","title":{"rendered":"It&#8217;s Bank Failure Friday!!!"},"content":{"rendered":"<p>And we have the first credit union failure of the year, the <a href=\"https:\/\/www.ncua.gov\/newsroom\/press-release\/2020\/ibew-local-union-712-closes-west-penn-pp-assumes-loans-assets-shares\">IBEW Local Union 712 Federal Credit Union<\/a> of Beaver, Pennsylvania.<\/p>\n<p>So, we have had 2 bank failures, and 1 credit failure so far this year.<\/p>\n<p>I figure that we are going to be seeing a lot more over the next few weeks, as the pandemic recession continues to widen and deepen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>And we have the first credit union failure of the year, the IBEW Local Union 712 Federal Credit Union of Beaver, Pennsylvania. So, we have had 2 bank failures, and 1 credit failure so far this year. I figure that we are going to be seeing a lot more over the next few weeks, as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[456,437],"class_list":["post-176515","post","type-post","status-publish","format-standard","hentry","tag-finance","tag-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/176515"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=176515"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/176515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=176515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=176515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=176515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}