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

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

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.

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

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

Chicago's Metropolitan Capital Bank marks the first bank failure of 2026, with First Independence Bank assuming deposits and ...

LOS ANGELES -- President Biden says the American banking system remains safe following the collapse of two U.S. banks, but the failures have nonetheless created concern among customers who hold their ...

Could your bank fail? What you need to know when stashing away your cash. Nov. 19, 2007 Special to ABCNEWS.com — -- Concerns about liquidity in the banking system have raised the possibility that ...

NEW YORK — The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems in ...

Discover how an AVR assesses the assets of a failed bank, sets market prices for asset sales, and why it's crucial for a financial institution's financial stability.

Most people still rely on banks for most of their financial needs: In fact, 96 percent of the country has at least one bank or credit union account. (And if you use a bank to deposit your salary and ...