# SARATOGA STATE BANK

> **Failed bank** · SARATOGA, WY · failed 1985-10-11 · State commercial bank, Federal Reserve member · FDIC cost $4M

## What happened

SARATOGA STATE BANK of SARATOGA, WY was closed by state regulators on **1985-10-11**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST WYOMING BANK SARAT** (SARATOGA, WY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1082
- **FDIC Certificate:** 525
- **FDIC FIN:** 2503
- **Bank name:** SARATOGA STATE BANK
- **Location:** SARATOGA, WY
- **Failure date:** 1985-10-11
- **FDIC resolution date:** 1985-10-11
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $16M
- **Assets at failure:** $18M
- **Acquiring bank:** FIRST WYOMING BANK SARAT (SARATOGA, WY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SARATOGA%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SARATOGA STATE BANK (FDIC ID 1082), failed 1985-10-11. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1082.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*