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Bank Collapse - Chicago

  • Jan 31
  • 1 min read

Date: January 31, 2026

Source: Hal Turner

Metropolitan Capital Bank and Trust in Chicago, IL collapsed yesterday, January 30, 2026, and was closed by the Illinois Department of Financial and Professional Regulation.


Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named as "Receiver."


All Deposit Accounts, excluding certain Brokered Deposits, were transferred to First Independence Bank of Detroit, MI.

According to a Financial Analyst, ALL Banks are now in big trouble and Depositors are in "actual danger."


See the full social media posting from that analyst, below:


Screenshot of the bank's website:



 
 
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