TEXAS NATIONAL BANK-WESTHEIMER Failed 1987

What happened

TEXAS NATIONAL BANK-WESTHEIMER of HOUSTON, TX was closed on 1987-05-28. The FDIC was named receiver.

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

Deposits were transferred to TEXAS CAPITAL BANK-WESTW (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1442

FDIC Certificate

26199

FDIC FIN

5867

Bank name

TEXAS NATIONAL BANK-WESTHEIMER

Location

HOUSTON, TX

Failure date

1987-05-28

FDIC resolution date

1987-05-28

Charter type

National commercial bank (OCC-chartered)

Resolution type

Insured Deposit Transfer — insured deposits transferred to another bank

FDIC DIF cost (est.)

$18M

Deposits at failure

$26M

Assets at failure

$26M

Acquiring bank

TEXAS CAPITAL BANK-WESTW (HOUSTON, TX)