acc Virginia Business Bank shut down by the FDIC. Accounts transferred to Xenith Bank Virginia. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts
 
Failed Bank List: Claim an FDIC Insured Account or CD at a Failed Bank

Virginia Business Bank - Richmond, VA

Virginia search for unclaimed money. Find a missing CD or lost bank account

VA search for unclaimed funds. Find a missing CD or unclaimed bank account

Unclaimed bank account, lost safe deposit box and missing CD search - Virginia Business Bank

July 29, 2011: Virginia Business Bank, Richmond, VA was closed by the Virginia State Corporation Commission. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Xenith Bank, Richmond, Virginia

Xenith Bank
901 E. Cary Street Suite 1700
Richmond, VA 23219

History:

Est. in 2006 as Virginia Business Bank
 

Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage.

It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account.

For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed Funds: IRA, CD and Savings Account Search

 

 

 

2011 FDIC Insured Failed Banks
 
 
 
 
Virginia Business Bank
9020 Stony Point Parkway, Suite 225
Richmond, VA 23235

 
 

Established
as
Virginia Business Bank
 

 
 
 
 
Cost to FDIC: $ 17 million

 

 
 

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