METROPOLITAN CAPITAL B&T Failed 2026

CHICAGO, IL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

METROPOLITAN CAPITAL B&T of CHICAGO, IL was closed on 2026-01-30. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to FIRST INDEPENDENCE BANK (DETROIT, MI). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
4114
FDIC Certificate
57488
FDIC FIN
10550
Bank name
METROPOLITAN CAPITAL B&T
Location
CHICAGO, IL
Failure date
2026-01-30
FDIC resolution date
2026-01-30
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits at failure
$212M
Assets at failure
$261M
Acquiring bank
FIRST INDEPENDENCE BANK (DETROIT, MI)