Regulators Close Another Bank
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Regulators Close Another Bank
Regulators closed a small Wyoming bank Friday, the 53rd bank failure of the year.
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NEW YORK (July 10, 2009)--Regulators shuttered Bank of Wyoming Friday marking the 53rd failure this year of a federally insured bank.

The Federal Deposit Insurance Corp. on Friday was appointed receiver of the failed bank, based in Thermopolis, Wyo.

It had $70 million in assets and $67 million in deposits as of June 30.

The FDIC says Central Bank & Trust of Lander, Wyo., will assume all deposits and purchase about $55 million in assets.

The FDIC will retain the remaining assets to sell at a later date.

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