# WESTERN BANK-WESTHEIMER

> **Failed bank** · HOUSTON, TX · failed 1987-10-01 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $96M

## What happened

WESTERN BANK-WESTHEIMER of HOUSTON, TX was closed by regulators on **1987-10-01**. The FDIC was named receiver.

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

Deposits were transferred to **CHARTER NB HOUSTON** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1527
- **FDIC Certificate:** 17852
- **FDIC FIN:** 5908
- **Bank name:** WESTERN BANK-WESTHEIMER
- **Location:** HOUSTON, TX
- **Failure date:** 1987-10-01
- **FDIC resolution date:** 1987-10-01
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $96M
- **Deposits at failure:** $256M
- **Assets at failure:** $261M
- **Acquiring bank:** CHARTER NB HOUSTON (HOUSTON, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERN BANK-WESTHEIMER (FDIC ID 1527), failed 1987-10-01. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1527.

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