The Illinois Department of Financial and Professional Regulation closed the Metropolitan Capital Bank & Trust due to unsafe ...

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2026. The Federal Deposit Insurance ...

An Illinois regulator closed Metropolitan Capital Bank & Trust on Friday, and the FDIC sold the majority of its assets to Detroit-based First Independence Bank.

Regulators shut down Metropolitan Capital Bank & Trust in River North on Friday. Detroit-based First Independence Bank acquired all its deposits.

The Chicago-based, $261 million-asset Metropolitan Capital Bank & Trust was placed in receivership and its assets sold to ...

The Federal Deposit Insurance Corp. said Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, marking the first U.S. bank failure in 2026.

Metropolitan Capital Bank & Trust in Chicago closes, First Independence Bank assumes all deposits. FDIC ensures insured ...

Metropolitan Capital Bank & Trust becomes 2026's first U.S. bank failure. FDIC estimates $19.7M loss as First Independence Bank assumes deposits.

More than 6,000 commercial bank branches across the country closed in the last five years. The impact of branch closures is often greater in low-income and rural communities. Some consumers might need ...