The Amazing Decline in the Number of Banks Has Resulted in Big Bank Domination

The number of banks operating in the United States has been in an amazing decline for the past 25 years.  Many institutions disappeared after going bust during the savings and loan crisis of the early 1990’s while hundreds more collapsed during the financial panic and banking crisis that started in 2008. Since 2008 a total […]

2011 Bank Failures Decline For First Time In Three Years

For the first time in three years, the number of U.S. banking failures should total less than 100. Total bank closings for 2011 currently total 90.  The FDIC has been giving their closing teams some time off, with the last bank closing occurring on November 18, 2011. Bank closings usually occur on Friday and unless […]