AMERICAN NATIONAL BANK OF RIVERTON Failed 1985

What happened

AMERICAN NATIONAL BANK OF RIVERTON of RIVERTON, WY was closed on 1985-06-11. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to FIRST WY BANK NA RIVERTO (RIVERTON, WY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1008

FDIC Certificate

18551

FDIC FIN

2470

Bank name

AMERICAN NATIONAL BANK OF RIVERTON

Location

RIVERTON, WY

Failure date

1985-06-11

FDIC resolution date

1985-06-11

Charter type

National commercial bank (OCC-chartered)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$11M

Deposits at failure

$40M

Assets at failure

$38M

Acquiring bank

FIRST WY BANK NA RIVERTO (RIVERTON, WY)