# PROVIDENT SA

> **Failed bank** · CASPER, WY · failed 1990-02-23 · SL · FDIC cost $16M

## What happened

PROVIDENT SA of CASPER, WY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $16M
- **Deposits at failure:** $200M
- **Assets at failure:** $245M
- **Acquiring bank:** KEY BANK OF WY - CASPER (CASPER, WY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PROVIDENT%20SA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PROVIDENT SA (FDIC ID 2670), failed 1990-02-23. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/failed-bank/2670.

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