# WEST BELT NATIONAL BANK

> **Failed bank** · HOUSTON, TX · failed 1989-01-12 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

WEST BELT NATIONAL BANK of HOUSTON, TX was closed by the OCC on **1989-01-12**. The FDIC was named receiver.

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

Deposits were transferred to **DEPOSIT GURANTY BANK** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2070
- **FDIC Certificate:** 24297
- **FDIC FIN:** 2954
- **Bank name:** WEST BELT NATIONAL BANK
- **Location:** HOUSTON, TX
- **Failure date:** 1989-01-12
- **FDIC resolution date:** 1989-01-12
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $30M
- **Assets at failure:** $26M
- **Acquiring bank:** DEPOSIT GURANTY BANK (DALLAS, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WEST BELT NATIONAL BANK (FDIC ID 2070), failed 1989-01-12. Retrieved via AI Analytics 2026-07-01 from https://api.ai-analytics.org/failed-bank/2070.

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