Happy Birthday to America, we hoped you enjoyed the party, the hangover, the new all time highs in our casino, and of course peace in […]
Tag: CREDIT UNION
01.23.26 Credit Union Failure Friday Not BFD but BHCEFCU
Tonight the Beverley Hills City Employees Federal Credit Union went tango uniform, aka, failed, aka, conserved. So what is the story behind a credit union […]
01.16.26 Credit Union Failure Friday: People Trust Community FCU Conserved
In an amazing turn of events, apparently there are a few regulators still employed in the US government as People Trust Community Federal Credit Union […]
Credit Union Failure Tuesday: Copper And Glass CU of Pennsylvania Conserved
These pages have been relatively quiet the last two months regarding credit union and bank failures but it’s now showtime. As I have been saying […]
10.03.25 Credit Union Failure Friday: 1st Choice Credit Union of Atlanta, Georgia
Ok, so it was actually announced late last night but this author has been busy. From the National Credit Union Administration website: Member Deposits Remain […]
Maybe the Consumer Isn’t as Strong as Advertised
Sigh, I feel like the lost bear in the woods. There is an underlying economic reality that the “K” shaped economy is something new to […]
Credit Union Failure Friday #2: Soul Community Federal Credit Union Austell, GA
We’re going back to back tonight with another failure, this time in the small town of Austell, GA. From the NCUA website tonight: Soul Community […]
Credit Union Failure Friday: Aldersgate Federal Credit Union Marion, IL
Ok, actually it was officially conserved on Wednesday, but I just caught it in my updates so the theme for Fridays must go on. From […]
11.08.24 Credit Union Failure Friday: Alliance Credit Union, Gainesville, FL
It’s been a wild week so why not top it off with a financial institution going Tango Uniform. No banks thus far, so this one […]
But it’s Not Like 2008: Credit Union Problems Increasing
Another story which the financial media ignored this week, and sadly, due to my schedule, I missed until tonight when I had a chance to […]
Credit Union Failure: 1st Choice CU, Atlanta GA
It’s that time of year again ladies and gents. The big question is when are the banks and more credit unions going to join the […]
07.28.23 Credit Union Failure Friday: Yonkers Postal Employees Credit Union put into Conservatorship
This could be an unfortunate but interesting Friday night. Just like the “good” old days on the radio in 2007-2008. From the NCUA website: Yonkers […]