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First Security Bank

Status:Inactive as of 05/24/1991
 Absorption - Assisted
Successor Bank:First Century Bank
Headquarters:First Security Bank
5002 Williamson Road
Roanoke, VA 24012
Established:11/15/1988
FDIC Insurance:11/15/1988
FDIC Cert:#27380
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$15,885,000
Total Deposits:$15,027,000

History

1988-11-15Institution established: Original name:First Security Bank
1991-05-24Institution established: Original name:First Century Bank (33414)
1991-05-24Failed. Acquired with government financial assistance and subsequently operated as part of First Century Bank (33414)
1993-03-08Moved bank headquarters from ROANOKE, VA to WYTHEVILLE, VA
1994-01-04Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1999-05-07Merged into and subsequently operated as part of First Century Bank, National Association (6750) in BLUEFIELD, WV
2012-01-20Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-01-20Changed name to First Century Bank, Inc. (6750)
2012-01-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2017-04-01Merged into and subsequently operated as part of Summit Community Bank, Inc (34102) in MOOREFIELD, WV
2018-10-24Moved bank headquarters from BLUEFIELD, WV to MOOREFIELD, WV
2019-01-01Acquired First Peoples Bank, Inc. (6173) in MULLENS, WV
2020-01-01Acquired Cornerstone Bank, Inc. (10045) in WEST UNION, WV
2020-12-15Acquired WinFirst BankSummit Community Bank, Inc (29313) in WINCHESTER, KY.