# THE SOUTHWESTERN BANK, N.A.

> **Failed bank** · HOUSTON, TX · failed 1987-04-09 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

THE SOUTHWESTERN BANK, N.A. of HOUSTON, TX was closed by the OCC on **1987-04-09**. The FDIC was named receiver.

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

Deposits were transferred to **OMNIBANC NORTH BELT NA** (HARRIS COUNTY, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1411
- **FDIC Certificate:** 24791
- **FDIC FIN:** 2672
- **Bank name:** THE SOUTHWESTERN BANK, N.A.
- **Location:** HOUSTON, TX
- **Failure date:** 1987-04-09
- **FDIC resolution date:** 1987-04-09
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $15M
- **Assets at failure:** $15M
- **Acquiring bank:** OMNIBANC NORTH BELT NA (HARRIS COUNTY, TX)

## Other banks OMNIBANC NORTH BELT NA has acquired in FDIC resolutions

- FIRST COMMERCIAL BANK OF TEXAS, (HOUSTON, TX) — failed 1987-04-16 — /failed-bank/1417

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20SOUTHWESTERN%20BANK%2C%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE SOUTHWESTERN BANK, N.A. (FDIC ID 1411), failed 1987-04-09. Retrieved via AI Analytics 2026-07-09 from https://api.ai-analytics.org/failed-bank/1411.

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