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Bank failure · WY

Bank of Casper (Casper, WY) — failed January 22, 1988

Bank of Casper of Casper, Wyoming was closed on January 22, 1988 and resolved through a purchase and assumption. First Wyoming Bank Caspe (WY) took over its insured deposits. At failure it held $6.1M in assets and $5.8M in deposits. The FDIC's estimated loss on the failure is $1.1M (18.0% of assets).

Closing date
January 22, 1988
FDIC certificate #
23038
Resolution
Purchase and assumption (failure)
Acquiring institution
First Wyoming Bank Caspe
Insurance fund
FDIC

Other failures in 1988

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