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Data on Failed Banks and Credit Unions for 2008 and 2009

Bank Failures by the Numbers – A Look at Where and Why Institutions Are Failing in 2009, July 28, 2009: In all of 2008, 40 banking institutions failed – 25 banks and 15 credit unions. So far in 2009, 72 institutions have either been closed or taken over by regulators, including 7 banks just this past weekend. The Federal Deposit Insurance Corporation (FDIC)’s troubled bank list, now at 305, has more than doubled from last year’s total, when 117 banks were listed.”

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