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Data / Bank failures / 1991 / Westland FS & La

Westland FS & La, Rawlins, WY: failed July 26, 1991

Westland FS & La in Rawlins, Wyoming, failed on July 26, 1991. Rawlins NB of Rawlins, WY, took over its deposits. It held $31.8 million in assets and $31.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.7 million (8.5% of its assets). By assets it was the 207th largest of 271 banks closed or assisted in 1991.

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The FDIC's record

Closed
July 26, 1991
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Rawlins NB, Rawlins, WY
Total assets
$31,809,000
Total deposits
$31,705,000
Estimated cost to the FDIC
$2,695,150 (estimate as of July 31, 2026)
Charter
Savings and loan association
Insurance fund
RTC
FDIC certificate
29498

The FDIC record

Other bank failures in Wyoming, 1989 to 1993

BankCityClosedAssetsDepositsEstimated costAcquirer
Sweetwater FS & LaRock SpringsAugust 22, 1990$11.6 million$11.7 million$1.3 millionFirst Security Bank
Provident SaCasperFebruary 23, 1990$244.9 million$200.3 million$16.2 millionKey Bank of Wy - Casper
First Federal Savings BankDiamondvilleNovember 30, 1989$13.4 million$11.5 million$7.7 million

All bank failures in 1991 · All bank failures in Wyoming · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.