Bank of the Commonwealth
| Status: | Inactive as of 09/23/2011 |
| Absorption - Assisted | |
| Successor Bank: | Southern Bank and Trust Company |
| Headquarters: | Bank of the Commonwealth Boush And Freemason Streets Norfolk, VA 23510 |
| Established: | 04/14/1971 |
| FDIC Insurance: | 04/14/1971 |
| FDIC Cert: | #20408 |
| Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
| Total Assets: | $985,096,000 |
| Total Deposits: | $901,845,000 |
History
| 1971-04-14 | Institution established: Original name:Bank of the Commonwealth | |
| 1996-03-12 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 2011-09-23 | Failed. Acquired with government financial assistance and subsequently operated as part of Southern Bank and Trust Company (15359) | |
| 2013-07-01 | Acquired The Heritage Bank (8939) in LUCAMA, NC | |
| 2016-02-01 | Acquired Heritage Bank (22411) in NORFOLK, VA |