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Bank failure · WY

Rocky Mountain Fs&la (Cheynne, WY) — failed December 16, 1988

Rocky Mountain Fs&la of Cheynne, Wyoming was closed on December 16, 1988 and resolved through a a/a. Rocky Mountain FSB (WY) took over its insured deposits. At failure it held $307.2M in assets and $268.1M in deposits. The FDIC's estimated loss on the failure is $102.6M (33.4% of assets).

Closing date
December 16, 1988
FDIC certificate #
29459
Resolution
A/A (assistance)
Acquiring institution
Rocky Mountain FSB
Insurance fund
FSLIC

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