# BEAR CREEK NATIONAL BANK

> **Failed bank** · BEAR CREEK, TX · failed 1987-01-29 · National commercial bank (OCC-chartered) · FDIC cost $8M

## What happened

BEAR CREEK NATIONAL BANK of BEAR CREEK, TX was closed by the OCC on **1987-01-29**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **JERSEY VILLAGE BANK** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1353
- **FDIC Certificate:** 25633
- **FDIC FIN:** 2639
- **Bank name:** BEAR CREEK NATIONAL BANK
- **Location:** BEAR CREEK, TX
- **Failure date:** 1987-01-29
- **FDIC resolution date:** 1987-01-29
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $26M
- **Assets at failure:** $27M
- **Acquiring bank:** JERSEY VILLAGE BANK (HOUSTON, TX)

## Other banks JERSEY VILLAGE BANK has acquired in FDIC resolutions

- NORTHWEST COMMERCIAL BANK, N.A. (HOUSTON, TX) — failed 1987-06-11 — /failed-bank/1449

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BEAR%20CREEK%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BEAR CREEK NATIONAL BANK (FDIC ID 1353), failed 1987-01-29. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1353.

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