Bank failure · WY

United Sb of Wyoming (Cheynne, WY) — failed December 16, 1988

United Sb of Wyoming of Cheynne, Wyoming was closed on December 16, 1988 and resolved through a a/a. Rocky Mountain Fs&la (WY) took over its insured deposits. At failure it held $220.5M in assets and $275.5M in deposits. The FDIC's estimated loss on the failure is $120.6M (54.7% of assets).