# METROPOLITAN SA

> **Failed bank** · FARMINGTON, MI · failed 1983-02-12 · SL · FDIC cost $1M

## What happened

METROPOLITAN SA of FARMINGTON, MI was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $254M
- **Assets at failure:** $396M
- **Acquiring bank:** EMPIRE OF AMERICA, FSA (BUFFALO, NY)

## Other banks EMPIRE OF AMERICA, FSA has acquired in FDIC resolutions

- AMERICAN FS&LA (SOUTHFIELD, MI) — failed 1982-07-30 — /failed-bank/683
- FIRST OF MID FLORIDA (DELAND, FL) — failed 1982-07-30 — /failed-bank/682

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, METROPOLITAN SA (FDIC ID 751), failed 1983-02-12. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/751.

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