Branch Banking and Trust Company of Virginia

Status:Inactive as of 12/31/2006
 Merger - Without Assistance
Successor Bank:Truist Bank
Headquarters:Branch Banking and Trust Company of Virginia
823 E. Main Street
Richmond, VA 23219
Established:01/04/1978
FDIC Insurance:01/04/1978
FDIC Cert:#22584
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$24,758,835,000
Total Deposits:$18,728,326,000

History

1978-01-04Institution established: Original name:Virginia Beach Bank of Commerce
1984-03-28Changed name to Commerce Bank
1986-01-06Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1995-01-11Reorganized.
1996-07-19Changed name to Branch Banking and Trust Company of Virginia
1998-04-17Acquired Fidelity Federal Savings Bank (32482) in RICHMOND, VA
1998-04-17Acquired Virginia First Savings, FSB (30682) in PETERSBURG, VA
1998-08-17Acquired Life Savings Bank, FSB (29560) in NORFOLK, VA
1999-03-01Moved bank headquarters from VIRGINIA BEACH, VA to NORFOLK, VA
1999-07-16Acquired Tysons National Bank (33455) in MCLEAN, VA
1999-07-16Acquired The First Bank of Stuart (6919) in STUART, VA
1999-07-16Acquired Hanover Bank (27215) in MECHANICSVILLE, VA
1999-07-16Acquired First Community Bank of Saltville (6910) in SALTVILLE, VA
1999-07-16Acquired MainStreet Trust Company, National Association (34426) in MARTINSVILLE, VA
1999-07-16Acquired Piedmont Trust Bank (8456) in MARTINSVILLE, VA
1999-07-16Acquired Bank of Carroll (20632) in HILLSVILLE, VA
1999-07-16Acquired Bank of Ferrum (6843) in FERRUM, VA
1999-07-16Acquired The First National Bank of Clifton Forge (6831) in CLIFTON FORGE, VA
1999-07-16Acquired Bank of Northern Virginia (27343) in ARLINGTON COUNTY, VA
2000-09-11Moved bank headquarters from NORFOLK, VA to RICHMOND, VA
2000-11-13Acquired One Valley Bank-Central Virginia, National Association (27639) in LYNCHBURG, VA
2000-11-13Acquired One Valley Bank - Shenandoah (10373) in RAPHINE, VA
2001-09-17Acquired Fredericksburg State Bank (30123) in FREDERICKSBURG, VA
2002-03-16Acquired F & M Bank-Richmond (22390) in RICHMOND, VA
2002-03-16Acquired F & M Bank/Central Virginia (21205) in CHARLOTTESVILLE, VA
2002-03-16Acquired F&M Bank- Atlantic (27554) in GLOUCESTER, VA
2002-03-16Acquired F&M Bank-Massanutten (22035) in HARRISONBURG, VA
2002-03-16Acquired F&M Bank - Highlands (22817) in COVINGTON, VA
2002-03-16Acquired F&M Trust Company (34737) in WINCHESTER, VA
2002-03-16Acquired F & M Bank-Peoples (6924) in WARRENTON, VA
2002-03-16Acquired F&M Bank-Winchester (6927) in WINCHESTER, VA
2002-03-16Acquired F&M Bank-Emporia (6838) in EMPORIA, VA
2002-03-16Acquired F & M Bank - Northern Virginia (25865) in FAIRFAX, 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
2006-12-31Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC
2006-12-31Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
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 Trust & Investment Company (35359) in LANCASTER, PA
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (2006-09-30 and Older)