Bank failure · WY
American National Bank of Afton (Afton, WY) — failed October 15, 1987
American National Bank of Afton of Afton, Wyoming was closed on October 15, 1987 and resolved through a insured deposit transfer. Star Valley State Bank (WY) took over its insured deposits. At failure it held $11.4M in assets and $11.2M in deposits. The FDIC's estimated loss on the failure is $2.2M (19.5% of assets).
- Closing date
- October 15, 1987
- FDIC certificate #
- 23033
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Star Valley State Bank
- Insurance fund
- FDIC
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