American Federal Savings and Loan Association of Lynchburg

Virginia – Lynchburg (city) – Lynchburg

(SA) Savings associations, state or federal charter

inactive

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Details

(SA) Savings associations, state or federal charter

inactive

28544

1925

FDIC Certificate Number: 28544
FDIC's unique number: 41378
The FDIC Field Office where an institution is physically located: Richmond

Federal Reserve ID Number: 186874
Report Date: 1987-12-31

Bank Charter Class: SA
The date of the last data update: 1998-12-10

1925-01-01 Institution established. Original name: American Federal Savings And Loan Association Of Lynchburg.
1980-04-30 Acquired First Federal Savings And Loan Association in Clifton Forge, Virginia.
1987-12-31 Maintained operations with government open bank assistance.
1988-01-01 Merged with government financial assistance and subsequently operated as part of First Federal Savings and Loan Association in Roanoke, Virginia.
1989-08-31 Merged into and subsequently operated as part of Coreast Savings Bank, FSB in Richmond, Virginia.
1991-02-01 Failed, went into receivership, and then became CorEast Federal Savings Bank in Roanoke, Virginia.
1992-03-06 Merged with government financial assistance and subsequently operated as part of First Virginia Bank-Southwest in Roanoke County, Virginia.
1997-06-21 Acquired First Virginia Bank - Highlands in Covington, Virginia.
1997-09-22 Acquired Premier Bank-south, National Association in Wytheville, Virginia.
1999-03-06 Acquired First Virginia Bank - Franklin County in Rocky Mount, Virginia.
1999-03-06 Acquired First Virginia Bank - Clinch Valley in Richlands, Virginia.
1999-03-06 Acquired First Virginia Bank - Piedmont in Lynchburg, Virginia.
2003-10-10 Merged into and subsequently operated as part of Branch Banking and Trust Company of Virginia in Richmond, Virginia.
2006-12-31 Merged into and subsequently operated as part of Branch Banking and Trust Company in Winston Salem, North Carolina.
2007-08-18 Acquired Coastal Federal Bank in Myrtle Beach, South Carolina.
2008-12-12 Acquired Haven Trust Bank in Duluth, Georgia as part of a government assisted transaction.
2009-08-14 Acquired Colonial Bank in Montgomery, Alabama as part of a government assisted transaction.

Total assets: $186,988,000
Total deposits: $215,348,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-22268

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