WCAX.COM Local Vermont News, Weather and Sports-Regulators shut small Wyoming bank
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Associated Press - July 10, 2009 7:33 PM ET
NEW YORK (AP) - Regulators have shuttered Bank of Wyoming, marking the 53rd failure this year of a federally insured bank.
The Federal Deposit Insurance Corp. on Friday 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 at a later date.
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