{"id":185587,"date":"2014-10-05T20:25:00","date_gmt":"2014-10-06T01:25:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/10\/05\/bank-failure-friday-on-sunday\/"},"modified":"2014-10-05T20:25:00","modified_gmt":"2014-10-06T01:25:00","slug":"bank-failure-friday-on-sunday","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2014\/10\/05\/bank-failure-friday-on-sunday\/","title":{"rendered":"Bank Failure Friday on Sunday"},"content":{"rendered":"<p>Friday was Yom Kippur, so I did not check for closings until now.<\/p>\n<p>It turns out that the <a href=\"http:\/\/www.ncua.gov\/News\/Pages\/NW20140930Liquidation.aspx\" title=\"View the release regarding Republic Hose Employees Federal Credit Union\">Republic Hose Employees Federal Credit Union<\/a> of \u200bYoungstown, \u200bOH was closed on September 30.<\/p>\n<p>It was the 9<sup>th<\/sup> credit union closing of the year.<\/p>\n<p>I&#8217;m not sure why the number of closed credit unions is so close to the number of closed banks (14 so far this year).<\/p>\n<p>Typically, the ratio is at least 2:1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Friday was Yom Kippur, so I did not check for closings until now. It turns out that the Republic Hose Employees Federal Credit Union of \u200bYoungstown, \u200bOH was closed on September 30. It was the 9th credit union closing of the year. I&#8217;m not sure why the number of closed credit unions is so close &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-185587","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\/185587"}],"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=185587"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185587\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=185587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=185587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=185587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}