# THE FIRST NATIONAL BANK OF SHERIDAN

> **Failed bank** · SHERIDAN, WY · failed 1986-07-17 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

THE FIRST NATIONAL BANK OF SHERIDAN of SHERIDAN, WY was closed by the OCC on **1986-07-17**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1228
- **FDIC Certificate:** 2230
- **FDIC FIN:** 2577
- **Bank name:** THE FIRST NATIONAL BANK OF SHERIDAN
- **Location:** SHERIDAN, WY
- **Failure date:** 1986-07-17
- **FDIC resolution date:** 1986-07-17
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $64M
- **Assets at failure:** $69M
- **Acquiring bank:** FIRST WYOMING BANK-SHERI (SHERIDAN, WY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NATIONAL%20BANK%20OF%20SHERIDAN

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF SHERIDAN (FDIC ID 1228), failed 1986-07-17. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1228.

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