For the first time since June 12 – almost exactly four months and 70 failed institutions ago – no banks or credit unions were closed, acquired or placed into conservatorship. On Monday, we update our interactive map of the year’s bank failures. We’ve seen 112 bank and credit union failures so far this year, and industry analysts think we’ll see a total of about 150 by year’s end. But the experience did leave me thinking how nice it will be when the economic aftershocks are over, not failures.”]
Source: https://www.cuinfosecurity.com/blogs/bank-failures-long-quiet-weekend-p-325