Bank of Wyoming, Thermopolis, WY

July 10, 2009 – 4:15 pm

After closing a scorching seven banks over the holiday weekend, the FDIC is back at it tonight, making Bank of Wyoming, Thermopolis, WY, the 53rd bank to fail in 2009.

Thermopolis, Wyo.-based Bank of Wyoming was closed by regulators Friday, marking the 53rd U.S. bank failure of 2009 as the credit crisis continues to claim victims. Bank of Wyoming, the first bank in that state to fail this year, had $70 million in assets as of June 30, and $67 million in deposits, the Federal Deposit Insurance Corporation said. The FDIC estimated that the cost of the bank’s failure to its deposit insurance fund will be $27 million.

For more information, go to the official FDIC web page for Bank of Wyoming.

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