AMERICAN NATIONAL BANK OF AFTON Failed 1987
What happened
AMERICAN NATIONAL BANK OF AFTON of AFTON, WY was closed on 1987-10-15. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to STAR VALLEY STATE BANK (AFTON, WY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1536
- FDIC Certificate
- 23033
- FDIC FIN
- 5912
- Bank name
- AMERICAN NATIONAL BANK OF AFTON
- Location
- AFTON, WY
- Failure date
- 1987-10-15
- FDIC resolution date
- 1987-10-15
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $11M
- Assets at failure
- $11M
- Acquiring bank
- STAR VALLEY STATE BANK (AFTON, WY)