Bank Abruptly Shut Down by US Regulator in First Bank Failure of 2026
First Bank(US:FRBA) The Daily Hodl·2026-01-31 08:04US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2026.The Federal Deposit Insurance Corporation (FDIC) says the Illinois Department of Financial and Professional Regulation (IDFPR) has closed Metropolitan Capital Bank & Trust.[adinserter block="1"][adinserter block="1"]The FDIC has been appointed as the receiver and has entered into a purchase and assumption agreement with First Independence Bank, which will assume “substantially all” deposits.“Metropolitan Capital Bank ...