Bank failure · WY

Westland Fs & LA (Rawlins, WY) — failed July 26, 1991

Westland Fs & LA of Rawlins, Wyoming was closed on July 26, 1991 and resolved through a purchase and assumption. Rawlins Nb (WY) took over its insured deposits. At failure it held $31.8M in assets and $31.7M in deposits. The FDIC's estimated loss on the failure is $2.7M (8.5% of assets).