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Metropolitan National Bank history
Metropolitan National Bank company history timeline
When Norman M. Jones joined the family business in 1952, it was a modestly sized building and loan association based in Fargo, North Dakota, where it had operated for the past 26 years.
After the acquisition of Mitchell Home Savings, Metropolitan completed two more pivotal acquisitions, the first of which came in 1985.
The national banking crisis worsened in 1988, its debilitating effects punctuated by the failure of two California thrifts in June and another in September.
In November 1990, Jones, then 60 years old, stepped down as Metropolitan's chief executive, and Paul A. Lipetzky was promoted to the post of president and chief operating officer.
With Jones at the helm, Metropolitan continued to increase its assets, acquiring Home Owners Savings Bank and American Charter Federal Savings & Loan in December 1992, additions that raised the company's total assets to $6.6 billion.
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Metropolitan National Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Old Missouri Bank | 1999 | $10.2M | 61 | - |
| Metropolitan Commercial Bank | 1999 | $8.5M | 50 | 17 |
| Great Western Bank | 1935 | $491.7M | 1,500 | 9 |
| Southside Bank | 1960 | $237.0M | 820 | 46 |
| Arvest Bank | 1871 | $170.0M | 6,324 | - |
| The Bank Of Maine | - | $2.1M | 50 | - |
| Liberty Bank Of Arkansas | - | $15.0M | 49 | - |
| Texas Trust Credit Union | 1936 | $3.4M | 50 | - |
| Blue Ridge Bank and Trust Co. | 1958 | $25.5M | 158 | - |
| Old National Bank | 1834 | $347.9M | 2,901 | 549 |
Zippia gives an in-depth look into the details of Metropolitan National Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Metropolitan National Bank. The employee data is based on information from people who have self-reported their past or current employments at Metropolitan National Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Metropolitan National Bank. The data presented on this page does not represent the view of Metropolitan National Bank and its employees or that of Zippia.
Metropolitan National Bank may also be known as or be related to Metropolitan National Bank.