FIRST STATE BANK AT SHOSHONI Failed 1987

SHOSHONI, WY · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

FIRST STATE BANK AT SHOSHONI of SHOSHONI, WY was closed on 1987-12-18. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to FIRST STB OF THERMOPOLIS (THERMOPOLIS, WY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1585
FDIC Certificate
22904
FDIC FIN
5919
Bank name
FIRST STATE BANK AT SHOSHONI
Location
SHOSHONI, WY
Failure date
1987-12-18
FDIC resolution date
1987-12-18
Charter type
State commercial bank, Federal Reserve member
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$1M
Deposits at failure
$4M
Assets at failure
$5M
Acquiring bank
FIRST STB OF THERMOPOLIS (THERMOPOLIS, WY)