# TEXAS INVESTMENT BANK, N.A.

> **Failed bank** · HOUSTON, TX · failed 1987-05-21 · National commercial bank (OCC-chartered) · FDIC cost $8M

## What happened

TEXAS INVESTMENT BANK, N.A. of HOUSTON, TX was closed by the OCC on **1987-05-21**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

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


## Key facts

- **FDIC ID:** 1440
- **FDIC Certificate:** 20792
- **FDIC FIN:** 5866
- **Bank name:** TEXAS INVESTMENT BANK, N.A.
- **Location:** HOUSTON, TX
- **Failure date:** 1987-05-21
- **FDIC resolution date:** 1987-05-21
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $15M
- **Assets at failure:** $17M
- **Acquiring bank:** RIVER OAKS BANK (HOUSTON, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TEXAS INVESTMENT BANK, N.A. (FDIC ID 1440), failed 1987-05-21. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/1440.

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