First Colonial Bank

Status:Inactive as of 10/15/2001
 Absorption - Without Assistance
Successor Bank:First Virginia Bank - Colonial
Headquarters:First Colonial Bank
5100 Oaklawn Boulevard
Prince George, VA 23875
Established:01/01/1972
FDIC Insurance:02/18/1975
FDIC Cert:#31748
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$183,826,000
Total Deposits:$130,251,000

History

1972-01-01Institution established: Original name:First Colonial Savings Bank
1990-03-06Changed name to First Colonial Bank, Federal Savings Bank
1990-03-06Changed organization type to STOCK SAVINGS BANK
1998-06-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
1998-06-01Changed organization type to COMMERCIAL BANK
1998-06-01Changed name to First Colonial Bank
1998-06-01Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1998-12-14Moved bank headquarters from HOPEWELL, VA to PRINCE GEORGE, VA
2001-10-15Merged into and subsequently operated as part of First Virginia Bank - Colonial (20450) in RICHMOND, VA
2003-10-10Acquired First Vantage Bank /Tri-Cities (9982) in BRISTOL, VA
2003-10-10Acquired First Virginia Bank - Hampton Roads (6141) in NORFOLK, VA
2003-10-10Acquired First Virginia Bank - Blue Ridge (6134) in STAUNTON, VA
2003-10-10Acquired First Virginia Bank - Colonial (20450) in RICHMOND, VA
2003-10-10Acquired First Virginia Bank-Southwest (20877) in ROANOKE, VA
2003-10-10Acquired First Virginia Bank (17092) in FALLS CHURCH, VA
2003-10-10Merged into and subsequently operated as part of Branch Banking and Trust Company of Virginia (22584) in RICHMOND, VA
2006-12-31Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2006-12-31Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC
2007-08-18Acquired Coastal Federal Bank (30683) in MYRTLE BEACH, SC
2008-12-12Acquired Haven Trust Bank (35379) in DULUTH, GA as part of a government assisted transaction.
2009-08-14Acquired Colonial Bank (9609) in MONTGOMERY, AL as part of a government assisted transaction.
2012-08-02Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL
2013-01-01Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA
2013-01-01Reorganized.
2013-05-01Reorganized.
2015-06-19Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (2000-12-31 and Older)