# METROPOLITAN INDUSTRIAL BANK

> **Failed bank** · DENVER, CO · failed 1988-04-15 · State commercial bank, Federal Reserve member · FDIC cost $5M

## What happened

METROPOLITAN INDUSTRIAL BANK of DENVER, CO was closed by state regulators on **1988-04-15**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **RESOURCES INDUSTRIAL BAN** (DENVER, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1670
- **FDIC Certificate:** 90027
- **FDIC FIN:** 5937
- **Bank name:** METROPOLITAN INDUSTRIAL BANK
- **Location:** DENVER, CO
- **Failure date:** 1988-04-15
- **FDIC resolution date:** 1988-04-15
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $12M
- **Assets at failure:** $12M
- **Acquiring bank:** RESOURCES INDUSTRIAL BAN (DENVER, CO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=METROPOLITAN%20INDUSTRIAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, METROPOLITAN INDUSTRIAL BANK (FDIC ID 1670), failed 1988-04-15. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1670.

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