# SOUTHWEST NATIONAL BANK

> **Failed bank** · HOUSTON, TX · failed 1988-11-03 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

SOUTHWEST NATIONAL BANK of HOUSTON, TX was closed by the OCC on **1988-11-03**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1974
- **FDIC Certificate:** 26220
- **FDIC FIN:** 5949
- **Bank name:** SOUTHWEST NATIONAL BANK
- **Location:** HOUSTON, TX
- **Failure date:** 1988-11-03
- **FDIC resolution date:** 1988-11-03
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $16M
- **Assets at failure:** $14M
- **Acquiring bank:** SPRING NATIONAL BANK (SPRING, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SOUTHWEST NATIONAL BANK (FDIC ID 1974), failed 1988-11-03. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/1974.

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