# METROPOLITAN SAVINGS BANK

> **Failed bank** · PITTSBURGH, PA · failed 2007-02-02 · SI · FDIC cost $9M

## What happened

METROPOLITAN SAVINGS BANK of PITTSBURGH, PA was closed by state regulators on **2007-02-02**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **ALLEGHENY VALLEY BANK OF PITTSBURGH** (PITTSBURGH, PA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3553
- **FDIC Certificate:** 35353
- **FDIC FIN:** 10000
- **Bank name:** METROPOLITAN SAVINGS BANK
- **Location:** PITTSBURGH, PA
- **Failure date:** 2007-02-02
- **FDIC resolution date:** 2007-02-02
- **Charter type:** SI
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $15M
- **Assets at failure:** $16M
- **Acquiring bank:** ALLEGHENY VALLEY BANK OF PITTSBURGH (PITTSBURGH, PA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, METROPOLITAN SAVINGS BANK (FDIC ID 3553), failed 2007-02-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3553.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*