No Bank Failures in 2018; First Time since 2006

In 2018, no FDIC insured banks failed. This was down from 8 in 2017. This is only the third time since the FDIC was founded in 1933 that there were no bank failures in a calendar year. The great recession / housing bust / financial crisis related failures are behind us. The first graph shows the number of bank failures per year since the FDIC was founded in 1933. Click on graph for larger image. Typically about 7 banks fail per year. This was the first year with no failures since 2006. Note: There were a large number of failures in the '80s and early '90s. Many of these failures were related......(read more)

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