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FDIC, Illinois regulator terminate consent order against American Metro Bank

The Federal Deposit Insurance Corp. and the Illinois Department of Financial and Professional Regulation's Division of Banking terminated a consent order against American Metro Bank.

The FDIC issued the action on Feb. 8, 2012, ordering the bank to meet the required levels of Tier 1 capital and qualifying total capital.

The Chicago-based bank is a unit of American Metro Bancorp Inc.