METROPOLITAN SA Failed 1983
What happened
METROPOLITAN SA of FARMINGTON, MI was closed on 1983-02-12. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to EMPIRE OF AMERICA, FSA (BUFFALO, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 751
- FDIC Certificate
- 30558
- FDIC FIN
- 1626
- Bank name
- METROPOLITAN SA
- Location
- FARMINGTON, MI
- Failure date
- 1983-02-12
- FDIC resolution date
- 1983-02-12
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $1M
- Deposits at failure
- $254M
- Assets at failure
- $396M
- Acquiring bank
- EMPIRE OF AMERICA, FSA (BUFFALO, NY)
Other banks EMPIRE OF AMERICA, FSA acquired in FDIC resolutions