Schoolfield Bank & Trust Company

Virginia – Danville (city) – Danville

(SM) Commercial bank, state charter & Fed member

inactive

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(SM) Commercial bank, state charter & Fed member

inactive

17886

1957

FDIC Certificate Number: 17886
FDIC's unique number: 11825
The FDIC Field Office where an institution is physically located: Richmond

Federal Reserve ID Number: 783929
Report Date: 1976-09-30

Bank Charter Class: SM
The date of the last data update: 1990-10-04

1957-03-12 Institution established. Original name: Schoolfield Bank & Trust Company.
1976-10-01 Merged into and subsequently operated as part of First Virginia Bank - South in Hurt, Virginia.
1990-05-19 Merged into and subsequently operated as part of First Virginia Bank - Piedmont in Lynchburg, Virginia.
1999-03-06 Merged into and subsequently operated as part of First Virginia Bank-Southwest in Roanoke, 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: $32,334,000
Total deposits: $29,477,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-12583

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