{"id":185406,"date":"2011-07-08T20:30:00","date_gmt":"2011-07-09T01:30:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/07\/08\/its-bank-failure-friday-66\/"},"modified":"2011-07-08T20:30:00","modified_gmt":"2011-07-09T01:30:00","slug":"its-bank-failure-friday-66","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/07\/08\/its-bank-failure-friday-66\/","title":{"rendered":"It&#8217;s Bank Failure Friday!!!!"},"content":{"rendered":"<p>It&#8217;s been a busy week, with closings of both bank and credit unions this week, 3 banks, one credit union, which is the most action we&#8217;ve seen since mid May.<\/p>\n<p>And here they are, ordered, and numbered for the year so far.<\/p>\n<ol>\n<li value=\"49\"><a href=\"http:\/\/www.fdic.gov\/bank\/individual\/failed\/firstchicago.html\">First Chicago Bank &amp; Trust<\/a>, Chicago, IL<\/li>\n<li><a href=\"http:\/\/www.fdic.gov\/bank\/individual\/failed\/coloradocapital.html\">Colorado Capital Bank<\/a>,Castle Rock, CO<\/li>\n<li><a href=\"http:\/\/www.fdic.gov\/bank\/individual\/failed\/signaturebank.html\">Signature Bank<\/a>,  Windsor, CO<\/li>\n<\/ol>\n<p><a href=\"http:\/\/www.fdic.gov\/bank\/individual\/failed\/banklist.html\">Full FDIC list<\/a> <\/p>\n<p>And here are the credit union closings: <\/p>\n<ol>\n<li value=\"8\"><a href=\"http:\/\/www.ncua.gov\/news\/press_releases\/2011\/MR11-0708BorinquenLiquidates.pdf\">Borinquen Federal Credit Union<\/a>, Philadelphia, PA<\/li>\n<\/ol>\n<p><a href=\"http:\/\/www.ncua.gov\/Resources\/ClosedCU\/2011.aspx\">Full NCUA list<\/a> <\/p>\n<p>So, here is the graph pr0n with last years numbers for comparison (FDIC only):<br \/><img decoding=\"async\" src=\"http:\/\/img811.imageshack.us\/img811\/1661\/bankfail.gif\" \/><\/p>\n<p>It&#8217;s better than last year but still plenty ugly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s been a busy week, with closings of both bank and credit unions this week, 3 banks, one credit union, which is the most action we&#8217;ve seen since mid May. And here they are, ordered, and numbered for the year so far. First Chicago Bank &amp; Trust, Chicago, IL Colorado Capital Bank,Castle Rock, CO Signature &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,985],"tags":[],"class_list":["post-185406","post","type-post","status-publish","format-standard","hentry","category-finance","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185406"}],"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=185406"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185406\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=185406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=185406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=185406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}