The Bank of Oceana

Status:Inactive as of 11/28/1994
 Merger - Without Assistance
Successor Bank:First Century Bank, Inc.
Headquarters:The Bank of Oceana
Main Street And Route 85
Oceana, WV 24870
Established:09/22/1972
FDIC Insurance:09/22/1972
FDIC Cert:#20808
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$43,907,000
Total Deposits:$39,344,000

History

1972-09-22Institution established: Original name:The Bank of Oceana
1994-11-28Changed name to First Century Bank, National Association (6750)
1994-11-28Merged into and subsequently operated as part of First Century Bank, National Association (6750) in BLUEFIELD, WV
1999-05-07Acquired First Century Bank (33414) in WYTHEVILLE, VA
2012-01-20Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2012-01-20Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-01-20Changed name to First Century Bank, Inc. (6750)
2012-01-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2017-04-01Merged into and subsequently operated as part of Summit Community Bank, Inc (34102) in MOOREFIELD, WV
2018-10-24Moved bank headquarters from BLUEFIELD, WV to MOOREFIELD, WV
2019-01-01Acquired First Peoples Bank, Inc. (6173) in MULLENS, WV
2020-01-01Acquired Cornerstone Bank, Inc. (10045) in WEST UNION, WV
2020-12-15Acquired WinFirst BankSummit Community Bank, Inc (29313) in WINCHESTER, KY.

Financial Information (1993-12-31 and Older)