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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
Mar 22, 2014 Central Virginia Bankshares, Inc. C&F Financial Corporation
Mar 8, 2014 The Business Bank Cardinal Bank
Feb 1, 2014 Virginia Commerce Bank United Bank
Feb 1, 2014 Virginia Commerce Bancorp, Inc. Ubv Holding Company, LLC
Jan 16, 2014 United Financial Banking Companies, Inc. Cardinal Financial Corporation
Jan 15, 2014 Greenville County Teachers Association Federal Credit Union Nma Federal Credit Union
Jan 1, 2014 CCC Martinsville Employees Credit Union Valleystar Credit Union
Jan 1, 2014 Stellarone Corporation Atlantic Union Bankshares Corporation
Nov 1, 2013 Acacia Federal Savings Bank Stifel Bank and Trust
Oct 4, 2013 Botetourt Bankshares, Inc. Bank of Botetourt
Oct 1, 2013 HRT Employees Federal Credit Union Portalliance Federal Credit Union
Oct 1, 2013 Assurance Federal Credit Union Argent Federal Credit Union
Oct 1, 2013 NWS Federal Credit Union 1st Advantage Federal Credit Union
Sep 30, 2013 Portsmouth Police Credit Union Northern Star Credit Union, Inc.
Sep 1, 2013 Southwestern Telco Federal Credit Union Blue Eagle Credit Union
Jul 1, 2013 Goodyear-Danville Family Credit Union Beacon Credit Union Incorporated
May 1, 2013 Vantria Federal Credit Union Apple Federal Credit Union
May 1, 2013 Mount Zion Charlottesville Federal Credit Union University of Virginia Community Credit Union, Inc.
Apr 1, 2013 Norfolk Federal Credit Union Abnb Federal Credit Union
Jan 10, 2013 Community Bank City National Bank of West Virginia
Jan 10, 2013 Community Financial Corporation City Holding Company
Jan 1, 2013 Newport News Neighborhood Federal Credit Union Langley Federal Credit Union
Dec 22, 2012 Alliance Bankshares Corporation Washingtonfirst Bankshares, Inc.
Dec 22, 2012 Alliance Bank Corporation Washingtonfirst Bank
Dec 1, 2012 New River Valley Truck Plant Federal Credit Union Truliant Federal Credit Union
Dec 1, 2012 E*trade United Bank E*trade Bank
Oct 20, 2012 1st Commonwealth Bank of Virginia FVCbank
Sep 1, 2012 Memberstrust Credit Union Bayport Federal Credit Union
Jul 1, 2012 Bellwood Federal Credit Union Henrico Federal Credit Union
Jul 1, 2012 Queen Street Baptist Church Federal Credit Union Langley Federal Credit Union
Jun 1, 2012 Peoples Bank of Virginia First Community Bank
Jun 1, 2012 Virginia Savings Bank, F.S.B. City National Bank of West Virginia
Jun 1, 2012 Virginia Savings Bancorp, Inc. City Holding Company
May 1, 2012 Kingdom Federal Credit Union Abnb Federal Credit Union
Apr 1, 2012 Roanoke County Schools Federal Credit Union Roanoke Valley Community Federal Credit Union
Apr 1, 2012 Dixiecon Federal Credit Union Hopewell Chemical Federal Credit Union
Mar 1, 2012 Carilion Federal Credit Union Freedom First Federal Credit Union
Feb 15, 2012 CNB Bancorp, Inc. Citizens National Bank
Feb 1, 2012 Central Fidelity Properties, Inc. Wells Fargo & Company
Nov 1, 2011 Synergy One Federal Credit Union Apple Federal Credit Union
Nov 1, 2011 Fifth Street Baptist Church Federal Credit Union Virginia Federal Credit Union
Oct 29, 2011 Ibew Richmond Va Local 666 Federal Credit Union Hopewell Chemical Federal Credit Union
Oct 3, 2011 Signet Student Loan Corporation Wells Fargo & Company
Sep 1, 2011 Saint Pauls Baptist Federal Credit Union Henrico Federal Credit Union
Jul 1, 2011 Klann Employees Credit Union Valley Community Credit Union
Apr 9, 2011 Consolidated Bank and Trust Company Premier Bank, Inc.
Jan 1, 2011 Home Town Community Credit Union Bayport Federal Credit Union
Oct 12, 2010 Northern Neck State Bank Atlantic Union Bank
Oct 12, 2010 The Rappahannock National Bank of Washington Atlantic Union Bank
Sep 21, 2010 Shore Memorial Federal Credit Union Nma Federal Credit Union

The list holds the 500 most recent of 984 mergers.

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