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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
Dec 30, 2006 Shenandoah National Bank Carter Bank & Trust
Dec 30, 2006 Patriot Bank, National Association Carter Bank & Trust
Dec 30, 2006 Central National Bank Carter Bank & Trust
Dec 30, 2006 Blue Ridge Bank, National Association Carter Bank & Trust
Dec 30, 2006 Community National Bank Carter Bank & Trust
Dec 30, 2006 Mountain National Bank Carter Bank & Trust
Dec 30, 2006 Peoples National Bank Carter Bank & Trust
Dec 30, 2006 First National Bank Carter Bank & Trust
Dec 2, 2006 1st Service Bank Primis Bank
Dec 1, 2006 Nansemond Credit Union Abnb Federal Credit Union
Dec 1, 2006 Lomh Employees Federal Credit Union Prime Care Credit Union, Incorporated
Oct 1, 2006 CFSB, National Association Citibank, N.A.
Oct 1, 2006 Comdial-Charlottesville Federal Credit Union Sperry Marine Federal Credit Union
Jul 18, 2006 James Monroe Bank Mercantile-Safe Deposit and Trust Company
Jul 18, 2006 James Monroe Bancorp, Inc. Mercantile Bankshares Corporation
Jul 1, 2006 Albemarle First Bank Rockingham Heritage Bank
Jun 16, 2006 First-Citizens Bank, N.A. First-Citizens Bank & Trust Company
May 27, 2006 Bank of Tazewell County The National Bank of Blacksburg
May 20, 2006 FNB Salem Bank and Trust, National Association StellarOne Bank
May 20, 2006 Bedford Federal Savings Bank, National Association StellarOne Bank
Apr 22, 2006 Bank of Northumberland, Incorporated Evb
Apr 22, 2006 Hanover Bank Evb
Apr 1, 2006 Community First Bank American National Bank and Trust Company
Apr 1, 2006 Community First Financial Corporation American National Bankshares Inc.
Mar 1, 2006 Richmond Transit Federal Credit Union Credit Union of Richmond Incorporated
Dec 1, 2005 Bristol Newspapers Employees Federal Credit Union United Southeast Federal Credit Union
Nov 14, 2005 New Horizon Credit Union Northwest Federal Credit Union
Oct 1, 2005 Partners Financial Federal Credit Union Partners Financial Federal Credit Union
Oct 1, 2005 Salem Community Federal Credit Union Freedom First Federal Credit Union
Aug 1, 2005 Lynchburg Postal & Federal Employees Credit Union, Inc. Blue Eagle Credit Union
Jul 16, 2005 Nvar Federal Credit Union Apple Federal Credit Union
Jul 1, 2005 Fort Norfolk Federal Credit Union Abnb Federal Credit Union
Jul 1, 2005 Ibew Local 637 Federal Credit Union Kemba Roanoke Federal Credit Union
May 19, 2005 Community Bank of Northern Virginia Mercantile-Safe Deposit and Trust Company
May 14, 2005 Riggs Bank National Association PNC Bank, N.A.
May 14, 2005 Riggs National Trust Company PNC Bank, N.A.
Mar 1, 2005 Lynchburg General Employees Credit Union Centra Health Credit Union
Jan 1, 2005 NSC Federal Credit Union Member One Federal Credit Union
Dec 1, 2004 Ams Credit Union Apple Federal Credit Union
Nov 15, 2004 Shenandoah County Credit Union Dupont Community Credit Union
Sep 30, 2004 Cordan Federal Credit Union Piedmont Credit Union
Sep 11, 2004 Guaranty Bank Atlantic Union Bank
Sep 9, 2004 Lynchburg Appalachian Employees Credit Union Beacon Credit Union Incorporated
Sep 1, 2004 Northern Virginia Postal Employees Federal Credit Union U S Postal Service Federal Credit Union
Aug 18, 2004 Farmers & Merchants Bank - Eastern Shore Mercantile Peninsula Bank
Jul 1, 2004 City of Salem Employees Federal Credit Union Freedom First Federal Credit Union
Jun 26, 2004 Community National Bank The National Bank of Blacksburg
May 13, 2004 Petersburg City Employees Federal Credit Union Virginia Federal Credit Union
May 1, 2004 Guaranty Financial Corporation Atlantic Union Bankshares Corporation
May 1, 2004 Southern Financial Bancorp, Inc. Provident Bankshares Corporation

The list holds the 500 most recent of 984 mergers.

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