Data / Bank failures / 1989 / First Federal Savings Bank
First Federal Savings Bank, Diamondville, WY: failed November 30, 1989
First Federal Savings Bank in Diamondville, Wyoming, failed on November 30, 1989. It held $13.4 million in assets and $11.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $7.7 million (57.8% of its assets). By assets it was the 478th largest of 534 banks closed or assisted in 1989.
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The FDIC's record
- Closed
- November 30, 1989
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Acquirer
- None, NA
- Total assets
- $13,416,000
- Total deposits
- $11,533,000
- Estimated cost to the FDIC
- $7,748,750 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- RTC
- FDIC certificate
- 31599
Other bank failures in Wyoming, 1987 to 1991
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Westland FS & La | Rawlins | July 26, 1991 | $31.8 million | $31.7 million | $2.7 million | Rawlins NB |
| 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 |
| 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 |
| Bank of Casper | Casper | January 22, 1988 | $6.1 million | $5.8 million | $1.1 million | First Wyoming Bank Caspe |
| 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 |
All bank failures in 1989 · 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.