# FIRST STATE BANK AT SHOSHONI

> **Failed bank** · SHOSHONI, WY · failed 1987-12-18 · State commercial bank, Federal Reserve member · FDIC cost $1M

## What happened

FIRST STATE BANK AT SHOSHONI of SHOSHONI, WY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $4M
- **Assets at failure:** $5M
- **Acquiring bank:** FIRST STB OF THERMOPOLIS (THERMOPOLIS, WY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20STATE%20BANK%20AT%20SHOSHONI

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST STATE BANK AT SHOSHONI (FDIC ID 1585), failed 1987-12-18. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/1585.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*
