NEW METROPOLITAN FSB Failed 1991
What happened
NEW METROPOLITAN FSB of HIALEAH, FL was closed on 1991-07-19. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to DESJARDINS FSB (HALLANDALE, FL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3147
- FDIC Certificate
- 32494
- FDIC FIN
- 2168
- Bank name
- NEW METROPOLITAN FSB
- Location
- HIALEAH, FL
- Failure date
- 1991-07-19
- FDIC resolution date
- 1992-02-28
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $28M
- Deposits at failure
- $43M
- Assets at failure
- $18M
- Acquiring bank
- DESJARDINS FSB (HALLANDALE, FL)
- FDIC comments
- FSLIC-RTC Duplicate Failures