PROVIDENT SA Failed 1990
What happened
PROVIDENT SA of CASPER, WY was closed on 1990-02-23. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to KEY BANK OF WY - CASPER (CASPER, WY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2670
- FDIC Certificate
- 28311
- FDIC FIN
- 7140
- Bank name
- PROVIDENT SA
- Location
- CASPER, WY
- Failure date
- 1990-02-23
- FDIC resolution date
- 1990-08-17
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $16M
- Deposits at failure
- $200M
- Assets at failure
- $245M
- Acquiring bank
- KEY BANK OF WY - CASPER (CASPER, WY)