Coastal Virginia Bank

Status:Inactive as of 08/10/1992
 Merger - Without Assistance
Successor Bank:Xenith Bank
Headquarters:Coastal Virginia Bank
5500 Indian River Road
Virginia Beach, VA 23464
Established:04/01/1987
FDIC Insurance:04/01/1987
FDIC Cert:#26933
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$16,886,000
Total Deposits:$15,239,000

History

1987-04-01Institution established: Original name:Coastal Virginia Bank
1992-08-10Merged into and subsequently operated as part of Bank of Hampton Roads (27125) in CHESAPEAKE, VA
1993-08-12Acquired New Atlantic Bank, National Association (32728) in NORFOLK, VA
2005-11-01Moved bank headquarters from CHESAPEAKE, VA to NORFOLK, VA
2009-05-09Acquired Gateway Bank & Trust Company (34861) in ELIZABETH CITY, NC
2012-10-31Moved bank headquarters from NORFOLK, VA to VIRGINIA BEACH, VA
2015-10-10Acquired Shore Bank (31294) in ONLEY, VA
2016-07-30Changed name to Xenith Bank (27125)
2016-07-30Acquired Xenith Bank (57487) in RICHMOND, VA
2016-07-30Moved bank headquarters from VIRGINIA BEACH, VA to 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)