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Data / Bank failures / 1986 / Guaranty Federal Bank FSB

Guaranty Federal Bank FSB, Casper, WY: failed December 12, 1986

Guaranty Federal Bank FSB in Casper, Wyoming, failed on December 12, 1986. It held $63.8 million in assets and $73.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $18.9 million (29.6% of its assets). By assets it was the 66th largest of 204 banks closed or assisted in 1986.

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The FDIC's record

Closed
December 12, 1986
Type
Failure
How it was resolved
Insured deposit transfer: the insured deposits moved to another bank
Total assets
$63,780,000
Total deposits
$73,471,000
Estimated cost to the FDIC
$18,867,540 (estimate as of July 31, 2026)
Charter
Savings bank
Insurance fund
FSLIC
FDIC certificate
29648

The FDIC record

Other bank failures in Wyoming, 1984 to 1988

BankCityClosedAssetsDepositsEstimated costAcquirer
United SB of Wyoming (assistance)CheynneDecember 16, 1988$220.5 million$275.5 million$120.6 millionRocky Mountain FS&LA
Rocky Mountain FS&LA (assistance)CheynneDecember 16, 1988$307.2 million$268.1 million$102.6 millionRocky Mountain FSB
Bank of CasperCasperJanuary 22, 1988$6.1 million$5.8 million$1.1 millionFirst Wyoming Bank Caspe
First State Bank at ShoshoniShoshoniDecember 18, 1987$4.6 million$4.1 million$1.1 millionFirst STB of Thermopolis
American National Bank of AftonAftonOctober 15, 1987$11.4 million$11.2 million$2.2 millionStar Valley State Bank
Stockmen's Bank & Trust CompanyGilletteSeptember 18, 1987$117.4 million$111.9 million$41.1 millionFirst Interstate BK Gill
American National Bank of EvanstonEvanstonAugust 20, 1987$9.1 million$8.9 million$4 millionPioneer Bank of Evanston
Valley State BankBaggsOctober 17, 1986$5 million$4.6 million$718,276

All bank failures in 1986 · 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.