HOUSTON COMMERCE BANK Failed 1988

HOUSTON, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

HOUSTON COMMERCE BANK of HOUSTON, TX was closed on 1988-01-28. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1615
FDIC Certificate
23511
FDIC FIN
5924
Bank name
HOUSTON COMMERCE BANK
Location
HOUSTON, TX
Failure date
1988-01-28
FDIC resolution date
1988-01-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$8M
Deposits at failure
$40M
Assets at failure
$41M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions