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Bank Events in Virginia

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Virginia (VA).

41
Failures
984
Mergers
223
Enforcement
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Bank Directory
All Virginia banks

Failures in Virginia

Date Bank City Assets Acquirer or resolution
Feb 28, 2014 Millennium Bank, N.A. Sterling $130.3M Washingtonfirst Bank
Sep 23, 2011 Bank of the Commonwealth Norfolk $985.1M Southern Bank and Trust Company
Jul 29, 2011 Virginia Business Bank Richmond $83.5M Xenith Bank
Aug 20, 2010 Imperial Savings and Loan Association Martinsville $9.4M River Community Bank, N.A.
Dec 4, 2009 Greater Atlantic Bank Reston $203.3M Sonabank
Aug 12, 1993 New Atlantic Bank, N.A. Norfolk $15.1M Bank of Hampton Roads
Dec 11, 1992 Sailors & Merchants B&T Co. Vienna $34.8M First Union Bank of Virg
Oct 9, 1992 Peidmont FSA Manassas $444.6M Crestar Bank
Sep 18, 1992 The Washington Bank Fairfax County $28.1M George Mason Bank
Jul 17, 1992 Liberty FSB Warrenton $92.0M Jefferson NB
Jul 10, 1992 Home FSB Norfolk $224.2M Home SB, FSB
Apr 10, 1992 Federal Sa of Virginia Falls Church $31.5M Fairfax B&TC
Apr 3, 1992 Commonwealth FSB Manassas $72.5M Fairfax B&TC
Feb 28, 1992 Vista FSA Reston $113.2M Eastern American Bank, FSB
Jan 10, 1992 Perpetual Savings Bank Vienna $2.89B Crestar Bank
Dec 13, 1991 Investors FSB Richmond $2.06B Central Fidelity Bank
May 24, 1991 First Security Bank Roanoke $15.9M First Century Bank
May 10, 1991 Madison National Bank of Virginia McLean $174.2M Signet Bank - Virginia
May 3, 1991 Sentry FSA Norfolk $50.3M Deposit payout
Feb 1, 1991 Coreast FSB Richmond $1.21B Branch sale
Jan 25, 1991 Trustbank FSB Tysons Corner $1.82B Branch sale
Oct 19, 1990 Heritage Savings Bank, FSB Richmond $888.8M CRFC Interim SB (Crestar Ba
Jul 31, 1990 United FSB Vienna $415.6M Crestar Bank
Mar 2, 1990 Security FS & La Richmond $341.6M Crestar Bank
Dec 8, 1989 Atlantic Permanent Federal Norfolk $581.0M Branch sale
Dec 7, 1989 Atlantic National Bank Norfolk $14.4M New Atlantic Bank, National
Oct 19, 1989 Seasons Federal Savings Bank Richmond $260.8M Crestar Bank
Jun 29, 1989 Peoples S & L Assoc. Hampton $23.9M Consolidated B&TC
Mar 30, 1989 Community Fed. S & L Assoc. Newport News $9.4M Consolidated B&TC
Sep 16, 1988 Ultimate Savings Bank Richmond $206.5M —
Jan 27, 1984 Union Mutual S&LA Richmond $8.6M —
Apr 3, 1982 Aquia BK & TR Company Stafford $14.0M Peoples Bank of Danville
Sep 4, 1964 Crown Savings Bank Newport News $7.9M —
Sep 14, 1946 Augusta County Bank, Inc. Churchville $351K —
Jan 13, 1945 The Farmers & Merchants State Bank Fredericksburg $6.4M —
May 18, 1939 The Parksley National Bank Parksley $279K —
Mar 26, 1938 Merchants' and Mechanics' Savings Bank of Norfolk Norfolk — —
Mar 3, 1938 Bank of Northampton, Incorporated Nassawadox — —
Jul 19, 1937 Peoples Bank of Bloxom, Inc. Bloxom $101K —
May 22, 1937 Farmers & Merchants Trust Bank Cape Charles — —
Jan 9, 1935 The National Bank of Herndon Herndon $387K —

Mergers & Acquisitions involving Virginia banks

Date Acquired (VA) Acquirer
Nov 1, 1997 Chessie-Newport News Credit Union Bayport Federal Credit Union
Nov 1, 1997 Jefferson Bankshares, Inc. Wachovia Corporation
Oct 20, 1997 Premier Bank-Central, National Association First Vantage Bank /Tri-Cities
Oct 20, 1997 Premier Bank, National Association First Virginia Bank - Clinch Valley
Sep 22, 1997 Premier Bank-South, National Association First Virginia Bank-Southwest
Aug 2, 1997 First Patriot Bankshares Corporation Ub Holding Company, Inc.
Aug 2, 1997 Patriot National Bank United Bank
Aug 1, 1997 First Union National Bank of Virginia Wachovia Bank, N.A.
Aug 1, 1997 First Union Corporation of Virginia Wachovia Corporation
Jul 1, 1997 Richmond Continental Federal Credit Union Cadmus Credit Union, Inc.
Jun 23, 1997 First Virginia Bank - Highlands First Virginia Bank-Southwest
May 27, 1997 Premier Bankshares Corporation First Virginia Banks, Inc.
Dec 16, 1996 Big Stone Gap Bank and Trust Company Premier Bank-Central, National Association
Dec 1, 1996 Naval Base Norfolk Federal Credit Union Abnb Federal Credit Union
Nov 18, 1996 First Virginia Bank-South Hill First Virginia Bank - Colonial
Oct 1, 1996 Halmode Employees Federal Credit Union Roanoke Valley Community Federal Credit Union
Aug 9, 1996 F & M Bank-Potomac F & M Bank - Northern Virginia
Aug 9, 1996 Fairfax Bank & Trust Company F & M Bank - Northern Virginia
Aug 3, 1996 Washington Federal Savings Bank Allfirst Bank
Jun 17, 1996 First Virginia Bank-Central First Virginia Bank - Blue Ridge
Jun 1, 1996 Citizens Bank of Virginia Citizens Bank of Maryland
Jun 1, 1996 Signet Bank, National Association Signet Bank
Apr 30, 1996 CSB Financial Corporation One Valley Thrift, Inc.
Apr 1, 1996 MHMHC Employees Credit Union Valleystar Credit Union
Apr 1, 1996 Arlington County Employees Credit Union Commonwealth One Federal Credit Union
Mar 30, 1996 FB&T Financial Corporation F & M National Corporation
Mar 29, 1996 The Riggs National Bank of Virginia Riggs Bank National Association
Mar 29, 1996 The Riggs National Bank of Maryland Riggs Bank National Association
Mar 15, 1996 Mutual Savings Bank, FSB American National Bank and Trust Company
Feb 1, 1996 Seaboard Savings Bank, FSB Life Savings Bank, FSB
Jan 1, 1996 Jerusalem Baptist Church Federal Credit Union Guardian Federal Credit Union
Jan 1, 1996 First-Citizens Bank & Trust Company First-Citizens Bank & Trust Company
Nov 18, 1995 Premier Bank-North, National Association Premier Bank-Central, National Association
Nov 18, 1995 First Virginia Bank - Southside First Virginia Bank - Colonial
Nov 4, 1995 Columbia First Bank, a Federal Savings Bank First Union National Bank of Virginia
Nov 1, 1995 First Commercial Bank United Bank
Oct 1, 1995 Staunton Employees Credit Union Dupont Community Credit Union
Sep 30, 1995 NationsBank, National Association Bank of America, N.A.
Sep 19, 1995 Central Fidelity Bank, N.A. Central Fidelity National Bank
Sep 16, 1995 Home Savings Bank, FSB Essex Savings Bank, F.S.B.
Aug 19, 1995 Suburban Bank of Virginia, N.A. Suburban Bank of Maryland
Jul 27, 1995 Economy Credit Union Nma Federal Credit Union
Jul 18, 1995 Premier Bank-Richlands, National Association Premier Bank, National Association
Jul 1, 1995 Mid-Atlantic Grocers Federal Credit Union Rva Financial Federal Credit Union
Apr 2, 1995 Ameribanc Investors Group Wachovia Bank, N.A.
Apr 1, 1995 The George Washington Banking Corporation Franklin Bancorporation, Inc.
Apr 1, 1995 Valley Credit Union Virginia Federal Credit Union
Apr 1, 1995 Ameribanc Savings Bank, FSB First Union National Bank of Virginia
Mar 24, 1995 TideMark Bank Crestar Bank
Mar 9, 1995 NationsBank, National Association NationsBank, National Association

The list holds the 500 most recent of 984 mergers.

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