# SAM HOUSTON NAT'L BANK OF WALKER

> **Failed bank** · HUNTSVILLE, TX · failed 1988-01-21 · National commercial bank (OCC-chartered) · FDIC cost $17M

## What happened

SAM HOUSTON NAT'L BANK OF WALKER of HUNTSVILLE, TX was closed by the OCC on **1988-01-21**. The FDIC was named receiver.

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

Deposits were transferred to **HUNTSVILLE NATIONAL BANK** (HUNTSVILLE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1608
- **FDIC Certificate:** 23971
- **FDIC FIN:** 2778
- **Bank name:** SAM HOUSTON NAT'L BANK OF WALKER
- **Location:** HUNTSVILLE, TX
- **Failure date:** 1988-01-21
- **FDIC resolution date:** 1988-01-21
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $17M
- **Deposits at failure:** $38M
- **Assets at failure:** $38M
- **Acquiring bank:** HUNTSVILLE NATIONAL BANK (HUNTSVILLE, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SAM%20HOUSTON%20NAT'L%20BANK%20OF%20WALKER

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SAM HOUSTON NAT'L BANK OF WALKER (FDIC ID 1608), failed 1988-01-21. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1608.

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