First Independence Bank in Detroit has acquired substantially all of the deposits and assets by entering into a purchase and ...

An Illinois regulator closed Metropolitan Capital Bank & Trust on Friday, and the FDIC sold the majority of its assets to Detroit-based First Independence Bank.

Detroit-based First Independence Bank has acquired the deposits of a Chicago bank that was closed after failing on Friday.

The Illinois Department of Financial and Professional Regulation closed the Metropolitan Capital Bank & Trust due to unsafe ...

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

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

The Illinois Department of Financial and Professional Regulation closed Metropolitan Capital Bank & Trust today. First Independence Bank, headquartered in Detroit, Michigan has acquired substantially ...

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 ...

The American Bankers Association's Board of Directors has elected Kenneth Kelly, chairman and CEO of First Independence Bank in Detroit, as its 2025-2026 chairman. Kelly will be the first African ...