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Bank Abruptly Shut Down by US Regulator in First Bank Failure of 2026

US 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. The FDIC has been appointed as the receiver and has entered into a purchase and […] The post Bank Abruptly Shut Down by US Regulator in First Bank Failure of 2026 appeared first on The Daily Hodl.