Regulators close Wyoming bank
NEW YORK (AP) — Regulators on Friday shut Bank of Wyoming, marking the 53rd failure this year of a federally insured bank.
The Federal Deposit Insurance Corp. was appointed receiver of the failed bank, based in Thermopolis, Wyo. It had $70 million in assets and $67 million in deposits as of June 30.
The FDIC says Central Bank & Trust of Lander, Wyo., will assume all deposits and purchase about $55 million in assets. The FDIC will retain the remaining assets to sell later.
Recent comments
when you have 70 million in assets and 67 million in deposits? More...
How can you fail | July 11, 2009 at 12:42 p.m.
53 Banks have failed this year, thousands more, including Utah banks,...
53 Down | July 11, 2009 at 10:15 a.m.
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Latest comments
I find it interesting that many of the same people who say that we can't...
None of these teams is going to be easy. They all have fine football...
Max, no apology was necessary, but the apology was polically correct. If...
Very good piece of writing, Amy. You summarized what many of us have been...
How is a top 25 finish make Utah a top twenty team? I think what the poster...
90% of the BYU & Utah fans have class, and Hall knows it. If you don't...
This might be my favorite article I've ever read from the Deseret News. Kudos.
Thank you for not giving up and don't give up now brother and sister...
Dr. Lois Lee's work with children who are victims of child sexual...
Look at the preview for Pixar's "Up". The whole move is summarized in...