Bank failure · IL
Metropolitan Capital B&t (Chicago, IL) — failed January 30, 2026
Metropolitan Capital B&t of Chicago, Illinois was closed on January 30, 2026 and resolved through a purchase and assumption. First Independence Bank (MI) took over its insured deposits. At failure it held $261.2M in assets and $212.2M in deposits. The FDIC's estimated loss on the failure is $19.6M (7.5% of assets).
- Closing date
- January 30, 2026
- FDIC certificate #
- 57488
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Independence Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials