There have been 314 bank failures in this cycle (starting in 2007):
| FDIC Bank Failures by Year | |
|---|---|
| 2007 | 3 |
| 2008 | 25 |
| 2009 | 140 |
| 2010 | 149 |
| Total | 314 |
No larger image.The FDIC has slowed down recently, and there are probably only two weeks left for bank closures this year. The 149 bank failures this year is the highest total since 1992 (181 bank failures).
Unfortunately banks are still being added to the unofficial problem bank list much faster than they are being removed ... so there are probably many more banks failures to come.
Earlier:
• Summary for Week ending December 4th
• Schedule for Week of December 5th