Bank failure · WV

The Metro Bk of Huntington, Inc. (Huntington, WV) — failed September 12, 1980

The Metro Bk of Huntington, Inc. of Huntington, West Virginia was closed on September 12, 1980 and resolved through a purchase and assumption. Heritage National Bank (WV) took over its insured deposits. At failure it held $27.0M in assets and $23.9M in deposits. The FDIC's estimated loss on the failure is $2.3M (8.7% of assets).