FIRST HOUSTON BANK, N.A. Failed 1988
What happened
FIRST HOUSTON BANK, N.A. of HOUSTON, TX was closed on 1988-02-11. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to TEXAS COMMERCE BANK NA (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1624
- FDIC Certificate
- 24836
- FDIC FIN
- 5926
- Bank name
- FIRST HOUSTON BANK, N.A.
- Location
- HOUSTON, TX
- Failure date
- 1988-02-11
- FDIC resolution date
- 1988-02-11
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $11M
- Deposits at failure
- $35M
- Assets at failure
- $33M
- Acquiring bank
- TEXAS COMMERCE BANK NA (HOUSTON, TX)
Other banks TEXAS COMMERCE BANK NA acquired in FDIC resolutions