# WESTERN BANK

> **Failed bank** · EL PASO, TX · failed 1987-03-12 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

WESTERN BANK of EL PASO, TX was closed by regulators on **1987-03-12**. The FDIC was named receiver.

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

Deposits were transferred to **MBANK EL PASO NATIONAL A** (EL PASO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1383
- **FDIC Certificate:** 20915
- **FDIC FIN:** 2660
- **Bank name:** WESTERN BANK
- **Location:** EL PASO, TX
- **Failure date:** 1987-03-12
- **FDIC resolution date:** 1987-03-12
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $46M
- **Assets at failure:** $47M
- **Acquiring bank:** MBANK EL PASO NATIONAL A (EL PASO, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERN BANK (FDIC ID 1383), failed 1987-03-12. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1383.

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