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Bank Branches › Closed and merged banks › Virginia › First Virginia Bank - Commonwealth

FDIC certificate 24860 · Grafton, VA

What happened to First Virginia Bank - Commonwealth?

First Virginia Bank - Commonwealth in Grafton, VA merged into First Virginia Bank of Tidewater of Norfolk, VA on Jul 14, 1999. After 2 more changes of hands, what was First Virginia Bank - Commonwealth is today part of Truist Bank (Charlotte, NC).

1983
opened
1999
merged away
1
name it used
3
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1983
    First Virginia Bank - Commonwealth opens in Grafton, VA
  2. Jul 14, 1999
    MERGEDFirst Virginia Bank - Commonwealth merged into First Virginia Bank of Tidewater of Norfolk, VA.FDIC certificate 24860 ends; its business continues under certificate 6141.
  3. Oct 10, 2003
    MERGEDFirst Virginia Bank of Tidewater (by then renamed First Virginia Bank - Hampton Roads) of Norfolk, VA merged into Branch Banking and Trust Company of Virginia of Richmond, VA.FDIC certificate 6141 ends; its business continues under certificate 22584.
  4. Dec 31, 2006
    MERGEDBranch Banking and Trust Company of Virginia of Richmond, VA merged into Branch Banking and Trust Company of Charlotte, NC.FDIC certificate 22584 ends; its business continues under certificate 9846.
  5. Today
    OPEN
    Truist BankMain office Charlotte, NC · FDIC certificate 9846 · 1,928 offices in 18 states on June 30, 2026

    Every Truist Bank office →   Website on file with the FDIC: www.Truist.com

If you still have something from First Virginia Bank - Commonwealth

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows First Virginia Bank - Commonwealth as lienholder, start with Truist Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Truist Bank to search for the account under the name First Virginia Bank - Commonwealth. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Truist Bank which branch now holds boxes from the First Virginia Bank - Commonwealth office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Its offices in the FDIC deposit reports

20 offices filed under this charter in some year from 1994 on. 6 are still open as of June 30, 2026.

OfficeLast filed under itNow
397 Denbigh BlvdNewport News, VA1999OpenTruist Bank
476 Wythe Creek Rd Ste 476-cPoquoson, VA1999OpenTruist Bank
899 Gloucester RdSaluda, VA1999OpenTruist Bank
300 Second StWilliamsburg, VA1999OpenTruist Bank
176 Colonial Trl ESurry, VA1999OpenPrimis Bank
7136 Lewis B Puller Memorial HwyMattaponi, VA1998OpenTruist Bank
171 Monticello AvenueWilliamsburg, VA1999No longer reported
4360 George Washington MemorGrafton, VA1999No longer reported
5003 Victory BoulevardYorktown, VA1999No longer reported
437 N Main StKilmarnock, VA1999No longer reported
16498 General Puller HighwayDeltaville, VA1999No longer reported
40 Cross StreetUrbanna, VA1999No longer reported
2324 George Washington Memorial HwyHayes, VA1999No longer reported
Gloucester Court HouseGloucester, VA1999No longer reported
11718 Jefferson AvenueNewport News, VA1999No longer reported
12401 Jefferson AvenueNewport News, VA1999No longer reported
12300 Jefferson Avenue, Room 726Newport News, VA1999No longer reported
1033 West Mercury BoulevardHampton, VA1999No longer reported
1900 Cunningham DriveHampton, VA1999No longer reported
1112 Big Bethel RoadHampton, VA1999No longer reported

Banks folded into First Virginia Bank - Commonwealth

2 banks merged directly into this charter.

BankEndedHow
First Virginia Bank - Middle PeninsulaUrbanna, VAJan 1, 1988merged
First Virginia Bank - SurrySurry, VAJan 10, 1987merged

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 24860 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.