Data / Bank failures / 1975 / Astro Bank
Astro Bank, Houston, TX: failed October 16, 1975
Astro Bank in Houston, Texas, failed on October 16, 1975. It held $5.5 million in assets and $5.2 million in deposits at its last report. By assets it was the 10th largest of 13 banks closed or assisted in 1975.
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The FDIC's record
- Closed
- October 16, 1975
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $5,471,000
- Total deposits
- $5,168,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 20523
Other bank failures in Texas, 1973 to 1977
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First State Bank & Trust Co. | Rio Grande City | November 19, 1976 | $13.8 million | $12.1 million | ||
| Citizens State Bank | Carrizo Springs | June 28, 1976 | $17.4 million | $15.9 million | ||
| Northeast Bank of Houston | Houston | June 3, 1976 | $18.1 million | $17.5 million | ||
| South Texas Bank | Houston | February 25, 1976 | $7.8 million | $7.1 million | ||
| Franklin Bank | Houston | March 24, 1975 | $20.7 million | $18.2 million | ||
| The First State Bank | Vernon | July 16, 1973 | $16.2 million | $14.8 million |
All bank failures in 1975 · All bank failures in Texas · The full failed bank list
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.