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Message: Another failure

Another failure

posted on Jul 12, 2009 07:06AM
Jul 10, 2009, 7:17 p.m. EST Wyoming bank is 53rd failure of 2009Explore related topics Banks Story Comments Screener (27) Alert Email Print ShareBy John Letzing SAN FRANCISCO (MarketWatch) -- 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.
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