Data / Bank failures / Channelview Bank
Failed banks taken over by Channelview Bank: 7
Channelview Bank took over 7 failed banks between January 28, 1988 and October 31, 1991, holding $478.6 million in assets and $597.8 million in deposits. The FDIC estimates the cost to its insurance fund at $336.5 million. The largest: Universal Sa ($142.1 million), Union Bank ($84.9 million), Washington County State Bank ($77.7 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Union Bank | San Antonio | TX | October 31, 1991 | $84.9 million | $85.2 million | $8.9 million | Channelview Bank |
| Washington County State Bank | Brenham | TX | December 13, 1990 | $77.7 million | $77.5 million | $9.4 million | Channelview Bank |
| Community Bank | New Caney | TX | March 22, 1990 | $42 million | $42.1 million | $7.5 million | Channelview Bank |
| Huffman Bank | Huffman | TX | February 15, 1990 | $22 million | $21.7 million | $2.8 million | Channelview Bank |
| Universal Sa | Houston | TX | March 9, 1989 | $142.1 million | $260.4 million | $290 million | Channelview Bank |
| Commercial State Bank | Houston | TX | January 12, 1989 | $49.2 million | $48.6 million | $4.8 million | Channelview Bank |
| Port City Bank | Houston | TX | January 28, 1988 | $60.7 million | $62.3 million | $13.2 million | Channelview Bank |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- Bank One, Texas, N.A. 20
- First State Bank 18
- Kilgore FS&LA 16
- The First National Bank of 16
- Consolidated S&LA 15
- Hibernia National Bank in T 15
- Citizens Bank 12
- State Bank and Trust Company 12
- Deposit Guaranty Bank 11
- First Bank 11
- Olney S&LA 11
- U.S. Bank, NA 11
- American Federal Bank FSB 10
- Ameris Bank 10
- Central Bank 9
- First-Citizens Bank & Trust Company 9
- Home Sa of America 9
- Citizens State Bank 8
- Community & Southern Bank 8
- First American Bank 8
- Bank of the Ozarks 7
- Centennial Bank 7
- Hibernia National Bank 7
- Pacific Southwest SB FSB 7
- Premier American Bank, National Association 7
- Texas Commerce Bank NA 7
- Bank One, Texas, National A 6
- Comerica Bank-Texas 6
- First FSB 6
- First National Bank 6
- Horizon FS&LA 6
- Household Bank FSB 6
- Republic Bank of Chicago 6
- Sunbelt Savings FSB 6
- 1ST United Bank 5
- American National Bank 5
- Anchor Savings Bank FSB 5
- Centerstate Bank of Florida, National Association 5
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.