Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, citing “unsafe and unsound conditions and an impaired capital ...

Metropolitan Capital Bank became first US bank to fail in 2026 due to loan tied to troubled facility. FDIC estimates cleanup cost at $19.7M.

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

The following tables list the number of U.S. banks that have failed since 2009. All data is from the FDIC. The Farmers and Merchants State Bank of Argonia, Argonia, Kan. First Guaranty Bank & Trust ...

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

2026 is off to a rocky start and, as of late January, it has already hit another milestone in the form of a bank's failure -- and its expensive clean up.

The unexpected failure of First National Bank of Lindsay, Oklahoma, was a failure connected with potential fraud and significant losses for uninsured depositors. Only two bank failures in 2024 reflect ...

Bank failures can stem from runs on otherwise solvent banks or from losses that render banks insolvent, regardless of withdrawals. Disentangling the relative importance of liquidity and solvency in ...

STUDIO CITY, LOS ANGELES (KABC) -- 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 ...

Large bank failures and big bank deals have drastically reshaped California's competitive landscape over the past four years.

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 ...