Notice is a historical project of the Committee for a Responsible Federal Budget, which tracked the money spent by the 2009 stimulus bill. This site is not regularly updated.

North Houston Bank

October 30, 2009

This bank has been closed, and individual deposits up to $250,000 have been insured by the FDIC. U.S. Bank, N.A. has agreed to take on the bank's various deposits.


FDIC Release


Although FDIC costs are counted on-budget, they should eventually be offset by proceeds from the sale of liquidated assets and higher premiums for deposit insurance. Maximum amount indicates value of total bank deposits. Amount spent and deficit impact represent FDIC-estimated cost to deposit insurance fund.

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