# STOCKMEN'S BANK & TRUST COMPANY

> **Failed bank** · GILLETTE, WY · failed 1987-09-18 · State commercial bank, Federal Reserve member · FDIC cost $41M

## What happened

STOCKMEN'S BANK & TRUST COMPANY of GILLETTE, WY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $41M
- **Deposits at failure:** $112M
- **Assets at failure:** $117M
- **Acquiring bank:** FIRST INTERSTATE BK GILL (GILLETTE, WY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=STOCKMEN'S%20BANK%20%26%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, STOCKMEN'S BANK & TRUST COMPANY (FDIC ID 1517), failed 1987-09-18. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1517.

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