BANK OF CASPER Failed 1988

What happened

BANK OF CASPER of CASPER, WY was closed on 1988-01-22. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to FIRST WYOMING BANK CASPE (CASPER, WY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1610

FDIC Certificate

23038

FDIC FIN

2777

Bank name

BANK OF CASPER

Location

CASPER, WY

Failure date

1988-01-22

FDIC resolution date

1988-01-22

Charter type

State commercial bank, non-Federal Reserve member (FDIC-supervised)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$1M

Deposits at failure

$6M

Assets at failure

$6M

Acquiring bank

FIRST WYOMING BANK CASPE (CASPER, WY)