The Graveyard › Banks › 1991
Westland Fs & La
Rawlins, WY · failed July 26, 1991 · FDIC certificate 29498
Westland Fs & La of Rawlins, WY failed on July 26, 1991. It opened on August 16, 1935, 55 years before. At its last report before that it held $31.8 million in assets and $31.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $51.5 million. The FDIC estimates that the Resolution Trust Corporation lost $2.7 million on it.
1984-031991-06
Assets at the end$31.8 millionlast report before July 26, 1991
Deposits at the end$31.7 million
Estimated loss to the fund$2.7 millionRTC
Largest in the quarterly reports$51.5 millionJune 30, 1986
Equity to assets0.1%June 30, 1991
Loans not being repaid3.5%noncurrent, June 30, 1991
Return on assets-2.99%a year's rate, June 30, 1991
Staff19full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.