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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 30, 2001 Community Bankshares, Incorporated Wachovia of Alabama, Inc.
Nov 30, 2001 Commerce Bank SouthTrust Bank
Nov 21, 2001 Exxon Employees Richmond Virginia Federal Credit Union Call Federal Credit Union
Nov 20, 2001 The Bank of Tidewater SouthTrust Bank
Nov 19, 2001 James River Bank First Virginia Bank - Hampton Roads
Nov 19, 2001 James River Bank/Colonial First Virginia Bank - Hampton Roads
Nov 1, 2001 Rocco Employees Federal Credit Union Commonwealth One Federal Credit Union
Nov 1, 2001 Cardinal Bank-Potomac Cardinal Bank
Nov 1, 2001 Cardinal Bank - Dulles, N.A. Cardinal Bank
Oct 31, 2001 FFV Federal Credit Union Argent Federal Credit Union
Oct 15, 2001 First Colonial Bank First Virginia Bank - Colonial
Oct 1, 2001 Amoco Yorktown Refinery Credit Union Bayport Federal Credit Union
Sep 30, 2001 Ericsson Employees Federal Credit Union Member One Federal Credit Union
Sep 17, 2001 Fredericksburg State Bank Branch Banking and Trust Company of Virginia
Sep 17, 2001 State Bank First Virginia Bank
Aug 10, 2001 F & M National Corporation Truist Financial Corporation
Aug 3, 2001 Cenit Bancorp, Inc. Wachovia of Alabama, Inc.
Aug 3, 2001 CENIT Bank SouthTrust Bank
Jul 2, 2001 James River Bankshares, Inc. First Virginia Banks, Inc.
Jun 28, 2001 Virginia Capital Bancshares, Inc. Truist Financial Corporation
Jun 1, 2001 Pride Federal Credit Union Appalachian Community Federal Credit Union
May 18, 2001 Thrifty Federal Credit Union Argent Federal Credit Union
Apr 30, 2001 Old Dominion Missionary Association Federal Credit Union Portalliance Federal Credit Union
Feb 27, 2001 Atlantic Financial Corp. F & M National Corporation
Jan 1, 2001 Medical Community Federal Credit Union Bronco Federal Credit Union
Dec 9, 2000 Commerce Bank of Virginia Commerce Bank
Dec 9, 2000 County Bank of Chesterfield Commerce Bank
Nov 11, 2000 One Valley Bank - Shenandoah Branch Banking and Trust Company of Virginia
Nov 11, 2000 One Valley Bank-Central Virginia, National Association Branch Banking and Trust Company of Virginia
Nov 1, 2000 Fort Myer Federal Credit Union Pentagon Federal Credit Union
Oct 21, 2000 United Community Bank F&M Bank- Atlantic
Oct 11, 2000 Secredit Federal Credit Union Central Virginia Federal Credit Union
Oct 8, 2000 Black Diamond Savings Bank, FSB FNB Southeast
Oct 6, 2000 Ata Federal Credit Union United States Senate Federal Credit Union
Sep 1, 2000 Heritage Bancorp, Inc. Cardinal Financial Corporation
Sep 1, 2000 First Savings Bank of Virginia Southern Financial Bank
Aug 23, 2000 Dominion Savings Bank, F.S.B. Greater Atlantic Bank
Jul 31, 2000 James River Bank/Colonial James River Bank/Colonial
Jul 1, 2000 Maryview Hospital Employees Federal Credit Union Summit Hampton Roads Federal Credit Union
Feb 1, 2000 RHR Federal Credit Union Member One Federal Credit Union
Jan 1, 2000 Crestar Bank Suntrust Bank
Jan 1, 2000 Crestar Financial Corporation Suntrust Bank Holding Company
Dec 1, 1999 Federal Employees Credit Union of Petersburg, Inc. Credit Union of Richmond Incorporated
Oct 1, 1999 The Horizon Bank of Virginia Southern Financial Bank
Aug 27, 1999 The Bank of Sussex and Surry United Community Bank
Jul 17, 1999 Tysons National Bank Branch Banking and Trust Company of Virginia
Jul 17, 1999 Piedmont Trust Bank Branch Banking and Trust Company of Virginia
Jul 17, 1999 MainStreet Bank Central Virginia Branch Banking and Trust Company of Virginia
Jul 17, 1999 Bank of Northern Virginia Branch Banking and Trust Company of Virginia
Jul 17, 1999 The First Bank of Stuart Branch Banking and Trust Company of Virginia

The list holds the 500 most recent of 984 mergers.

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