STATE BANK OF MILLS Failed 1984

MILLS, WY · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

STATE BANK OF MILLS of MILLS, WY was closed on 1984-05-04. The FDIC was named receiver.

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

Deposits were transferred to MOUNTAIN PLAZA NATIONAL (CASPER, WY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
872
FDIC Certificate
22861
FDIC FIN
2384
Bank name
STATE BANK OF MILLS
Location
MILLS, WY
Failure date
1984-05-04
FDIC resolution date
1984-05-04
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$3M
Deposits at failure
$6M
Assets at failure
$7M
Acquiring bank
MOUNTAIN PLAZA NATIONAL (CASPER, WY)