# NORTHWEST BANK

> **Failed bank** · DALLAS, TX · failed 1988-01-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $25M

## What happened

NORTHWEST BANK of DALLAS, TX was closed by regulators on **1988-01-21**. The FDIC was named receiver.

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

Deposits were transferred to **AMERICAN BANK OF HALTOM** (HALTOM CITY, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1604
- **FDIC Certificate:** 15867
- **FDIC FIN:** 5923
- **Bank name:** NORTHWEST BANK
- **Location:** DALLAS, TX
- **Failure date:** 1988-01-21
- **FDIC resolution date:** 1988-01-21
- **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:** $25M
- **Deposits at failure:** $53M
- **Assets at failure:** $58M
- **Acquiring bank:** AMERICAN BANK OF HALTOM (HALTOM CITY, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTHWEST BANK (FDIC ID 1604), failed 1988-01-21. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1604.

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