Virginia Business Bank

Status:Inactive as of 07/29/2011
 Absorption - Assisted
Successor Bank:Xenith Bank
Headquarters:Virginia Business Bank
9020 Stony Point Parkway, Suite 225
Richmond, VA 23235
Established:04/03/2006
FDIC Insurance:04/03/2006
FDIC Cert:#58283
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$83,493,000
Total Deposits:$72,955,000

History

2006-04-03Institution established: Original name:Virginia Business Bank
2011-07-29Failed. Acquired with government financial assistance and subsequently operated as part of Xenith Bank (57487)
2014-07-01Acquired Colonial Virginia Bank (57630) in GLOUCESTER, VA
2016-07-30Changed name to Xenith Bank (27125)
2016-07-30Merged into and subsequently operated as part of Xenith Bank (27125) in RICHMOND, VA
2018-01-01Merged into and subsequently operated as part of Union Bank & Trust (34589) in RICHMOND, VA
2019-02-01Acquired Access National Bank (35189) in RESTON, VA
2019-05-20Changed name to Atlantic Union Bank (34589)

Financial Information (2011-06-30 and Older)