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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
May 1, 2004 Southern Financial Bank Provident Bank of Maryland
May 1, 2004 Essex Savings Bank, F.S.B. Provident Bank of Maryland
Apr 19, 2004 Typo Federal Credit Union Hopewell Chemical Federal Credit Union
Apr 1, 2004 Resource Bankshares Corporation Fulton Financial Corporation
Mar 20, 2004 Harbor Bank TowneBank
Jan 20, 2004 Times World Employees Credit Union Member One Federal Credit Union
Oct 11, 2003 First Virginia Bank Branch Banking and Trust Company of Virginia
Oct 11, 2003 First Virginia Bank - Hampton Roads Branch Banking and Trust Company of Virginia
Oct 11, 2003 First Virginia Bank - Colonial Branch Banking and Trust Company of Virginia
Oct 11, 2003 First Virginia Bank-Southwest Branch Banking and Trust Company of Virginia
Oct 11, 2003 First Vantage Bank /Tri-Cities Branch Banking and Trust Company of Virginia
Oct 11, 2003 First Virginia Bank - Blue Ridge Branch Banking and Trust Company of Virginia
Oct 1, 2003 Virginia Hospital Employees Federal Credit Union Connects Federal Credit Union
Oct 1, 2003 Blue Ridge Federal Credit Union Kemba Roanoke Federal Credit Union
Sep 26, 2003 First Virginia Insurance Services, Inc. Truist Bank
Jul 2, 2003 First Virginia Banks, Inc. Truist Financial Corporation
Jun 14, 2003 Allfirst Trust Company N.A. Manufacturers and Traders Trust Company
Jun 7, 2003 The Commonwealth Bank First Community Bank
Jun 1, 2003 Dir Credit Union Partners Financial Federal Credit Union
May 24, 2003 CNB Holdings, Inc. Mountainbank Financial Corporation
May 1, 2003 First Commonwealth Bank The First Bank and Trust Company
Apr 22, 2003 Middlesex Community Federal Credit Union Baylands Family Credit Union, Inc.
Apr 15, 2003 FBR Capital Management, Inc. Friedman, Billings, Ramsey Group, Inc.
Apr 8, 2003 Alexandria Postal Credit Union Commonwealth One Federal Credit Union
Mar 31, 2003 FBR Asset Investment Corporation Friedman, Billings, Ramsey Group, Inc.
Mar 1, 2003 Portsmouth Post Office Credit Union Northern Star Credit Union, Inc.
Jan 1, 2003 Clinch River Plant Employees Federal Credit Union Member One Federal Credit Union
Sep 30, 2002 Community Advantage Federal Credit Union Dupont Community Credit Union
Aug 15, 2002 Metro-County Bank of Virginia, Inc. Southern Financial Bank
Jun 22, 2002 Caroline Savings Bank Virginia Heartland Bank
Jun 3, 2002 Hercules Covington Employees Credit Union Jackson River Community Credit Union
May 6, 2002 FNB-Southwest, National Association FNB Salem Bank and Trust, National Association
Apr 1, 2002 Acme Visible Records Federal Credit Union University of Virginia Community Credit Union, Inc.
Mar 16, 2002 F & M Bank-Peoples Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Services, Inc. Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Bank-Massanutten Branch Banking and Trust Company of Virginia
Mar 16, 2002 F & M Bank-Richmond Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Mortgage Services, Inc. Branch Banking and Trust Company of Virginia
Mar 16, 2002 F & M Bank - Northern Virginia Branch Banking and Trust Company of Virginia
Mar 16, 2002 F & M Bank/Central Virginia Branch Banking and Trust Company of Virginia
Mar 16, 2002 F & M Bank-Southern Virginia Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Bank- Atlantic Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Bank-Winchester Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Bank - Highlands Branch Banking and Trust Company of Virginia
Mar 16, 2002 F&M Trust Company Branch Banking and Trust Company of Virginia
Mar 1, 2002 Cardinal Bank - Manassas/Prince William, N.A. Cardinal Bank
Jan 19, 2002 Virginia Commonwealth Financial Corporation Stellarone Corporation
Jan 1, 2002 Salem Community Bankshares, Inc. FNB Corporation
Jan 1, 2002 Valley Finance Service, Inc. Pioneer Bank
Jan 1, 2002 Money Management Associates, Inc. Money Management Advisers, Inc.

The list holds the 500 most recent of 984 mergers.

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