{"id":188135,"date":"2010-12-04T19:13:00","date_gmt":"2010-12-05T00:13:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/04\/its-bank-failure-friday-on-saturday-25\/"},"modified":"2010-12-04T19:13:00","modified_gmt":"2010-12-05T00:13:00","slug":"its-bank-failure-friday-on-saturday-25","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/04\/its-bank-failure-friday-on-saturday-25\/","title":{"rendered":"It&#8217;s Bank Failure Friday!!!! (on Saturday)"},"content":{"rendered":"<p>There were no failures of FDA insured institutions, so the <a href=\"http:\/\/www.fdic.gov\/bank\/individual\/failed\/banklist.html\">count remains at 149<\/a>, but we did see a credit union closing:<\/p>\n<ol>\n<li value=\"16\"><a href=\"http:\/\/www.ncua.gov\/news\/press_releases\/2010\/MR10-1119NCUALiquidatesConstitutionCorporateFCU.pdf\">Constitution Corporate Federal Credit Union<\/a>, Wallingford, CT<\/li>\n<\/ol>\n<p>My bad, I am a couple of weeks late on this, the credit union was actually closed on November 19, so I am 2 weeks late.&nbsp; Here is the <a href=\"http:\/\/www.ncua.gov\/Resources\/ClosedCU\/2010.aspx\">full NCUA list<\/a><\/p>\n<p>This is the longest stretch so far this year, 2 weeks, without a bank or credit union closure, just so you know.<\/p>\n<p>So, here is the graph pr0n with trendline (FDIC only):<br \/><img decoding=\"async\" src=\"http:\/\/img217.imageshack.us\/img217\/555\/bankfail0.gif\" \/><\/p>\n<p>I would note that are now at the point where the utility of the least squares trendline is diminishing, but I&#8217;m keeping it here for historical purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There were no failures of FDA insured institutions, so the count remains at 149, but we did see a credit union closing: Constitution Corporate Federal Credit Union, Wallingford, CT My bad, I am a couple of weeks late on this, the credit union was actually closed on November 19, so I am 2 weeks late.&nbsp; &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-188135","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\/188135"}],"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=188135"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}