Regulators close Wyoming bank!
NEW YORK- July 10, 2009 - 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, Wyoming. It had $70 million in assets and $67 million in deposits as of June 30.
The FDIC says Central Bank & Trust of Lander, Wyoming will assume all deposits and purchase about $55 million in assets. The FDIC will retain the remaining assets to sell at a later date.
