Bank failure · WY
First State Bank at Shoshoni (Shoshoni, WY) — failed December 18, 1987
First State Bank at Shoshoni of Shoshoni, Wyoming was closed on December 18, 1987 and resolved through a insured deposit transfer. First Stb of Thermopolis (WY) took over its insured deposits. At failure it held $4.6M in assets and $4.1M in deposits. The FDIC's estimated loss on the failure is $1.1M (24.4% of assets).
- Closing date
- December 18, 1987
- FDIC certificate #
- 22904
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- First Stb of Thermopolis
- Insurance fund
- FDIC
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