Capitol Bancorp, Ltd.

On February 3, 2014, Capitol Bancorp Ltd. went out of business under Chatper 11 liquidation as per its bankruptcy filing. Capitol Bancorp Ltd., a bank holding company, provides banking, trust, and other financial products and services in the United States. Its products and services include commercial banking, trust services, mortgage origination and servicing, equipment leasing, brokerage and investment advisory services, property and casualty insurance, life insurance and annuity products, and portfolio management services. The company’s banking subsidiaries provide various deposit products; and loans, including commercial, consumer, residential mortgage and construction loans to individuals, small businesses, and other commercial enterprises. As of December 31, 2012, it operated nine state-chartered banks, one federal savings bank, and one national bank, as well as other nonbanking subsidiaries. Capitol Bancorp Ltd. was founded in 1988 and is based in Lansing, Michigan.