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

FDIC certificate 29742 · Petersburg, VA

What happened to Virginia Commonwealth Bank?

Virginia Commonwealth Bank in Petersburg, VA (earlier called First Federal Savings Bank of Virginia) merged into Virginia Commonwealth Bank of Richmond, VA on Apr 1, 2017. After 1 more change of hands, what was Virginia Commonwealth Bank is today part of Blue Ridge Bank, National Association (Martinsville, VA).

1936
opened
2017
merged away
2
names it used
2
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. 1936
    First Federal Savings Bank of Virginia opens in Petersburg, VA
  2. Oct 1, 2008
    renamed Virginia Commonwealth Bank
  3. Apr 1, 2017
    MERGEDVirginia Commonwealth Bank merged into Virginia Commonwealth Bank of Richmond, VA.FDIC certificate 29742 ends; its business continues under certificate 11200.
  4. Jan 31, 2021
    MERGEDVirginia Commonwealth Bank of Richmond, VA merged into Blue Ridge Bank, National Association of Martinsville, VA.FDIC certificate 11200 ends; its business continues under certificate 35274.
  5. Today
    OPEN
    Blue Ridge Bank, National AssociationMain office Martinsville, VA · FDIC certificate 35274 · 27 offices in 2 states on June 30, 2026

    Every Blue Ridge Bank, National Association office →   Website on file with the FDIC: www.mybrb.com

If you still have something from Virginia Commonwealth Bank

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows Virginia Commonwealth Bank as lienholder, start with Blue Ridge Bank, National Association. 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 Blue Ridge Bank, National Association to search for the account under the name Virginia Commonwealth Bank. 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 Blue Ridge Bank, National Association which branch now holds boxes from the Virginia Commonwealth Bank 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

9 offices filed under this charter in some year from 1994 on. 5 are still open as of June 30, 2026.

OfficeLast filed under itNow
900 N Parham RdHenrico, VA2016OpenBlue Ridge Bank, National Association
3209 BoulevardColonial Heights, VA2016OpenBlue Ridge Bank, National Association
4600 W Hundred RdChester, VA2016OpenBlue Ridge Bank, National Association
1703 N Main StSuffolk, VA2016OpenBlue Ridge Bank, National Association
1965 Wakefield AvePetersburg, VA2016OpenBlue Ridge Bank, National Association
1421 W. City Point RdHopewell, VA2016No longer reported
1118 Courthouse RoadRichmond, VA2016No longer reported
4222 Bonniebank RoadRichmond, VA2013No longer reported
762 J. Clyde Morris Blvd.Newport News, VA2000No longer reported

Banks folded into Virginia Commonwealth Bank

1 bank merged directly into this charter.

BankEndedHow
Security Savings and Loan AssociationHayes, VAJan 31, 1983merged

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 29742 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.