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Bank Branches › Closed and merged banks › Virginia › First Security Bank

FDIC certificate 27380 · Roanoke, VA

What happened to First Security Bank?

First Security Bank in Roanoke, VA failed, and First Century Bank of Wytheville, VA took it over on May 24, 1991. After 3 more changes of hands, what was First Security Bank is today part of Burke & Herbert Bank & Trust Company (Alexandria, VA).

1988
opened
1991
failed
1
name it used
4
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. 1988
    First Security Bank opens in Roanoke, VA
  2. May 24, 1991
    FAILEDFirst Security Bank failed, and First Century Bank of Wytheville, VA took it over.FDIC certificate 27380 ends; its business continues under certificate 33414.
  3. May 7, 1999
    MERGEDFirst Century Bank of Wytheville, VA merged into First Century Bank, National Association of Bluefield, WV.FDIC certificate 33414 ends; its business continues under certificate 6750.
  4. Apr 1, 2017
    MERGEDFirst Century Bank, National Association (by then renamed First Century Bank, Inc.) of Bluefield, WV merged into Summit Community Bank, Inc of Moorefield, WV.FDIC certificate 6750 ends; its business continues under certificate 34102.
  5. May 3, 2024
    MERGEDSummit Community Bank, Inc of Moorefield, WV merged into Burke & Herbert Bank & Trust Company of Alexandria, VA.FDIC certificate 34102 ends; its business continues under certificate 11578.
  6. Today
    OPEN
    Burke & Herbert Bank & Trust CompanyMain office Alexandria, VA · FDIC certificate 11578 · 105 offices in 6 states on June 30, 2026

    Every Burke & Herbert Bank & Trust Company office →   Website on file with the FDIC: www.burkeandherbertbank.com

If you still have something from First Security Bank

A lien that was never released

First Security Bank failed on May 24, 1991. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Burke & Herbert Bank & Trust Company, which is worth asking too.

Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, First Century Bank). Start with Burke & Herbert Bank & Trust Company, and ask them to search under the name First Security Bank.

This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Burke & Herbert Bank & Trust Company. A box abandoned for years may have been 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.

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 ▾

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 27380 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.