STOCKMEN'S BANK & TRUST COMPANY Failed 1987
What happened
STOCKMEN'S BANK & TRUST COMPANY of GILLETTE, WY was closed on 1987-09-18. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST INTERSTATE BK GILL (GILLETTE, WY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1517
- FDIC Certificate
- 8720
- FDIC FIN
- 5905
- Bank name
- STOCKMEN'S BANK & TRUST COMPANY
- Location
- GILLETTE, WY
- Failure date
- 1987-09-18
- FDIC resolution date
- 1987-09-18
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $41M
- Deposits at failure
- $112M
- Assets at failure
- $117M
- Acquiring bank
- FIRST INTERSTATE BK GILL (GILLETTE, WY)