There have now been three more bank failures than there are states in the United States, and bank failure number 53 has taken place in a state that has not experienced a single bank failure since 1991. The Bank of Wyoming, based in Thermopolis, was closed yesterday by federal regulators.
According to the Federal Deposit Insurance Corporation, Lander, Wyoming’s Central Bank and Trust has agreed to assimilate Bank of Wyoming’s deposits. Bank of Wyoming was responsible for $70 million worth of assets and $67 million in deposits.
The FDIC will be forced to pay about $27 million out of its insurance fund …read more

For the 53rd time in 2009, United States federal regulators have shut down a bank. This time, it was Bank of Wyoming based in the Wyoming city of Thermopolis.
The FDIC has decided that all deposit accounts will be given to Central Bank & Trust. Located in Lander, Wyoming, Central Bank & Trust will also convert Bank of Wyoming’s lone branch to one of their own.
If you had an account with Bank of Wyoming, your account will automatically be transferred to Central Bank & Trust. If you have questions, regulators urge you to call 1-866-806-6128.
Heading into July, the FDIC says that …read more