# WESTPOINT NATIONAL BANK

> **Failed bank** · SAN ANTONIO, TX · failed 1989-02-16 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

WESTPOINT NATIONAL BANK of SAN ANTONIO, TX was closed by the OCC on **1989-02-16**. The FDIC was named receiver.

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

Deposits were transferred to **THE FROST NATIONAL BANK OF** (SAN ANTONIO, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2106
- **FDIC Certificate:** 25812
- **FDIC FIN:** 2969
- **Bank name:** WESTPOINT NATIONAL BANK
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-02-16
- **FDIC resolution date:** 1989-02-16
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $11M
- **Assets at failure:** $8M
- **Acquiring bank:** THE FROST NATIONAL BANK OF (SAN ANTONIO, TX)

## Other banks THE FROST NATIONAL BANK OF has acquired in FDIC resolutions

- SUMMIT BANK (SAN ANTONIO, TX) — failed 1989-08-24 — /failed-bank/2494
- UNIVERSITY NATIONAL BANK (SAN ANTONIO, TX) — failed 1989-08-03 — /failed-bank/2468

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTPOINT NATIONAL BANK (FDIC ID 2106), failed 1989-02-16. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2106.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*