Bank failure · WY

Saratoga State Bank (Saratoga, WY) — failed October 11, 1985

Saratoga State Bank of Saratoga, Wyoming was closed on October 11, 1985 and resolved through a purchase and assumption. First Wyoming Bank Sarat (WY) took over its insured deposits. At failure it held $18.5M in assets and $16.3M in deposits. The FDIC's estimated loss on the failure is $4.3M (23.1% of assets).