Data / Bank failures / 1988 / Bank of Casper
Bank of Casper, Casper, WY: failed January 22, 1988
Bank of Casper in Casper, Wyoming, failed on January 22, 1988. First Wyoming Bank Caspe of Casper, WY, took over its deposits. It held $6.1 million in assets and $5.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.1 million (18% of its assets). By assets it was the 461st largest of 470 banks closed or assisted in 1988.
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The FDIC's record
- Closed
- January 22, 1988
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Wyoming Bank Caspe, Casper, WY
- Total assets
- $6,055,000
- Total deposits
- $5,827,000
- Estimated cost to the FDIC
- $1,087,342 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 23038
Other bank failures in Wyoming, 1986 to 1990
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Sweetwater FS & La | Rock Springs | August 22, 1990 | $11.6 million | $11.7 million | $1.3 million | First Security Bank |
| Provident Sa | Casper | February 23, 1990 | $244.9 million | $200.3 million | $16.2 million | Key Bank of Wy - Casper |
| First Federal Savings Bank | Diamondville | November 30, 1989 | $13.4 million | $11.5 million | $7.7 million | |
| United SB of Wyoming (assistance) | Cheynne | December 16, 1988 | $220.5 million | $275.5 million | $120.6 million | Rocky Mountain FS&LA |
| Rocky Mountain FS&LA (assistance) | Cheynne | December 16, 1988 | $307.2 million | $268.1 million | $102.6 million | Rocky Mountain FSB |
| First State Bank at Shoshoni | Shoshoni | December 18, 1987 | $4.6 million | $4.1 million | $1.1 million | First STB of Thermopolis |
| American National Bank of Afton | Afton | October 15, 1987 | $11.4 million | $11.2 million | $2.2 million | Star Valley State Bank |
| Stockmen's Bank & Trust Company | Gillette | September 18, 1987 | $117.4 million | $111.9 million | $41.1 million | First Interstate BK Gill |
All bank failures in 1988 · All bank failures in Wyoming · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.