Bank of Wyoming, Thermopolis, WY
Closing Date: July 10, 2009
Central Bank & Trust, Lander, WY
All deposits P&A – Deposit Premium 0%.
- The winning bidder's acquisition of all the deposits was the least costly resolution compared to a liquidation alternative and the other bids. The liquidation alternative was valued using valuation models to estimate the market value of the assets.
- Although three bids were received for this institution, the second and third bids would have been more costly than liquidation. They have therefore been excluded from this summary.
- For more information on the bid disclosure policy, see www.fdic.gov/about/freedom/biddocs.html.