Bank failure · TX
Woodway Bank and Trust, NA (Houston, TX) — failed October 4, 1990
Woodway Bank and Trust, NA of Houston, Texas was closed on October 4, 1990 and resolved through a purchase and assumption. National Commerce Bank (TX) took over its insured deposits. At failure it held $35.4M in assets and $35.4M in deposits. The FDIC's estimated loss on the failure is $2.6M (7.4% of assets).
- Closing date
- October 4, 1990
- FDIC certificate #
- 24301
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- National Commerce Bank
- Insurance fund
- BIF
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