It's Bank Failure Friday!!!! (on Saturday)

There were no failures of FDA insured institutions, so the count remains at 149, but we did see a credit union closing:

16. 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.  Here is the full NCUA list

This is the longest stretch so far this year, 2 weeks, without a bank or credit union closure, just so you know.

So, here is the graph pr0n with trendline (FDIC only):


I would note that are now at the point where the utility of the least squares trendline is diminishing, but I'm keeping it here for historical purposes.