# CHAMPIONS POINT NATIONAL BANK

> **Failed bank** · HOUSTON, TX · failed 1990-04-05 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

CHAMPIONS POINT NATIONAL BANK of HOUSTON, TX was closed by the OCC on **1990-04-05**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2721
- **FDIC Certificate:** 25780
- **FDIC FIN:** 4178
- **Bank name:** CHAMPIONS POINT NATIONAL BANK
- **Location:** HOUSTON, TX
- **Failure date:** 1990-04-05
- **FDIC resolution date:** 1990-04-05
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $20M
- **Assets at failure:** $21M
- **Acquiring bank:** NORTHWEST BANK (HOUSTON, TX)

## Other banks NORTHWEST BANK has acquired in FDIC resolutions

- NORTHWEST BANK & TRUST (HOUSTON, TX) — failed 1988-06-23 — /failed-bank/1779

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CHAMPIONS POINT NATIONAL BANK (FDIC ID 2721), failed 1990-04-05. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/2721.

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