Bedford Federal Savings Bank

Status:Inactive as of 05/19/2006
 Merger - Without Assistance
Successor Bank:First National Bank
Headquarters:Bedford Federal Savings Bank
125 West Main Street
Bedford, VA 24523
Established:11/06/1935
FDIC Insurance:11/06/1935
FDIC Cert:#29550
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$313,182,000
Total Deposits:$218,672,000

History

1935-11-06Institution established: Original name:Bedford Federal Savings and Loan Association
1989-05-31Changed organization type to MUTUAL SAVINGS BANK
1989-05-31Changed name to Bedford Federal Savings Bank
1994-08-19Changed organization type to STOCK SAVINGS BANK
2004-12-10Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2004-12-10Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-12-10Changed organization type to COMMERCIAL BANK
2004-12-10Changed name to Bedford Federal Savings Bank, National Association
2006-05-19Acquired Bedford Federal Savings Bank, National Association in BEDFORD, VA
2006-05-19Merged into and subsequently operated as part of First National Bank (6830) in CHRISTIANSBURG, VA
2006-05-19Acquired FNB Salem Bank and Trust, National Association (22665) in SALEM, VA
2008-05-24Acquired First National Bank (6830) in CHRISTIANSBURG, VA
2008-05-24Changed name to StellarOne Bank (6834)
2008-05-24Merged into and subsequently operated as part of StellarOne Bank (6834) in CHRISTIANSBURG, VA
2008-05-24Acquired Planters Bank & Trust Company of Virginia (20786) in STAUNTON, VA
2014-05-10Merged into and subsequently operated as part of Union First Market Bank (34589) in RICHMOND, VA
2015-02-16Changed name to Union Bank & Trust (34589)
2015-02-16Moved bank headquarters from CHRISTIANSBURG, VA to RICHMOND, VA
2018-01-01Acquired Xenith Bank (27125) in RICHMOND, VA
2019-02-01Acquired Access National Bank (35189) in RESTON, VA
2019-05-20Changed name to Atlantic Union Bank (34589)

Financial Information (2006-03-31 and Older)