WESTLAND FS & LA Failed 1991
What happened
WESTLAND FS & LA of RAWLINS, WY was closed on 1991-07-26. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to RAWLINS NB (RAWLINS, WY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3151
- FDIC Certificate
- 29498
- FDIC FIN
- 7381
- Bank name
- WESTLAND FS & LA
- Location
- RAWLINS, WY
- Failure date
- 1991-07-26
- FDIC resolution date
- 1991-07-26
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $32M
- Assets at failure
- $32M
- Acquiring bank
- RAWLINS NB (RAWLINS, WY)