Bank failure · FL
New Metropolitan FSB (Hialeah, FL) — failed July 19, 1991
New Metropolitan FSB of Hialeah, Florida was closed on July 19, 1991 and resolved through a purchase and assumption. Desjardins FSB (FL) took over its insured deposits. At failure it held $18.4M in assets and $43.2M in deposits. The FDIC's estimated loss on the failure is $28.2M (152.8% of assets).
- Closing date
- July 19, 1991
- FDIC certificate #
- 32494
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Desjardins FSB
- Insurance fund
- RTC
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