Bank Failure Friday

by James & Miel on May 1, 2009 · 0 comments

And another bank has failed. This time its Eastern Florida Financial Credit Union.

Here is some CNN coverage on last weeks failures (CNN).

Whats sad is that its not even big news these days.

Update: here is another one – North Jersey Community Bank (MarketWatch). Dang.

Update2: Geeze. Yet another bank has bit the dust. This time its Utah Based America West Bank (MarketWatch). I think this makes 33 so far this year.

Best,

James

By James & Miel

James & Miel are originally from Oregon, and are both gainfully employed professionals. James works internationally in survey research, and Miel currently works in international development & relief in Africa.

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