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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
Jan 1, 2020 Ncse Credit Union Beacon Credit Union Incorporated
Jan 1, 2020 Peoples Community Bank Citizens and Farmers Bank
Dec 15, 2019 Virginia Community Bankshares, Inc. Blue Ridge Bankshares, Inc.
Dec 15, 2019 Virginia Community Bank Blue Ridge Bank, N.A.
Oct 1, 2019 The Partnership Federal Credit Union NASA Federal Credit Union
Jul 1, 2019 Constellation Federal Credit Union Northwest Federal Credit Union
Jun 30, 2019 Entrust Financial Credit Union Valleystar Credit Union
Apr 1, 2019 Hometown Bankshares Corporation American National Bankshares Inc.
Apr 1, 2019 HomeTown Bank American National Bank and Trust Company
Feb 1, 2019 Access National Bank Atlantic Union Bank
Feb 1, 2019 Access National Corporation Atlantic Union Bankshares Corporation
Jan 1, 2019 Portalliance Federal Credit Union Chartway Federal Credit Union
Dec 1, 2018 Hampton Roads Catholic Federal Credit Union Abnb Federal Credit Union
Nov 1, 2018 Old Dominion University Credit Union Langley Federal Credit Union
Oct 1, 2018 Queen of Peace Arlington Federal Credit Union Commonwealth One Federal Credit Union
Sep 1, 2018 The Peoples Bank First US Bank
Jul 1, 2018 Vnbtrust, N.A. Virginia National Bank
Jun 30, 2018 Waynesboro Employees Credit Union, Inc. Valleystar Credit Union
May 2, 2018 Spruance Cellophane Credit Union Baylands Family Credit Union, Inc.
Apr 1, 2018 Norfolk Municipal Federal Credit Union N a E Federal Credit Union
Apr 1, 2018 Citizens National Bank The Old Point National Bank of Phoebus
Feb 1, 2018 Piedmont Credit Union Valleystar Credit Union
Jan 1, 2018 Xenith Bank Atlantic Union Bank
Jan 1, 2018 Washingtonfirst Bankshares, Inc. Sandy Spring Bancorp, Inc.
Jan 1, 2018 Charlottesville Postal Federal Credit Union University of Virginia Community Credit Union, Inc.
Jan 1, 2018 Xenith Bankshares, Inc. Atlantic Union Bankshares Corporation
Jan 1, 2018 Washingtonfirst Bank Sandy Spring Bank
Dec 1, 2017 Danville City Employees Federal Credit Union Beacon Credit Union Incorporated
Dec 1, 2017 Virginia Boxer Federal Credit Union Connects Federal Credit Union
Nov 11, 2017 Ubv Holding Company, LLC United Bankshares, Inc.
Nov 11, 2017 Citizens Community Bank Touchstone Bank
Nov 11, 2017 CCB Bankshares, Inc. Touchstone Bank
Oct 17, 2017 Portsmouth Virginia City Employees Federal Credit Union Chartway Federal Credit Union
Jul 1, 2017 Fairfax City Federal Credit Union The Partnership Federal Credit Union
Jun 24, 2017 Eastern Virginia Bankshares, Inc. Primis Financial Corp.
Jun 24, 2017 Evb Primis Bank
Apr 22, 2017 Cardinal Financial Corporation Ubv Holding Company, LLC
Apr 22, 2017 Cardinal Bank United Bank
Apr 1, 2017 Middleburg Financial Corporation Access National Corporation
Apr 1, 2017 The Middleburg Bank Access National Bank
Apr 1, 2017 Virginia Commonwealth Bank Virginia Commonwealth Bank
Apr 1, 2017 Virginia Bancorp, Inc. Bay Banks of Virginia, Inc.
Jan 1, 2017 Valley Community Credit Union Valleystar Credit Union
Jan 1, 2017 Bank @Lantec Dollar Bank, Federal Savings Bank
Jan 1, 2017 Nabisco Employees Credit Union Henrico Federal Credit Union
Jan 1, 2017 Carroll County Schools Employees Federal Credit Union First NRV Federal Credit Union
Oct 21, 2016 River Bancorp, Inc. Blue Ridge Bankshares, Inc.
Oct 1, 2016 First and Citizens Bank Summit Community Bank, Inc
Oct 1, 2016 Tidewater Dominion Employees Federal Credit Union N a E Federal Credit Union
Sep 1, 2016 Cordia Bancorp, Inc. First-Citizens Bank & Trust Company

The list holds the 500 most recent of 984 mergers.

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