TellerScore

Bank failure · WY

Guaranty Federal Bank FSB (Casper, WY) — failed December 12, 1986

Guaranty Federal Bank FSB of Casper, Wyoming was closed on December 12, 1986 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $63.8M in assets and $73.5M in deposits. The FDIC's estimated loss on the failure is $18.9M (29.6% of assets).

Closing date
December 12, 1986
FDIC certificate #
29648
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1986

What happens when a bank fails