Essex Bank

Essex Bank, originally established as the Bank of Essex on January 1, 1926, has a history marked by several significant changes and expansions over the decades. The bank became a member of the Federal Reserve System on December 27, 1991, reflecting its commitment to maintaining financial stability and regulatory compliance. Subsequent to several relocations of its main office, including a move to Tappahannock, Virginia, in 1990 and again in 2006, Essex Bank underwent a significant transformation in 2009. On January 30, 2009, the institution acquired Suburban Federal Savings Bank in Crofton, Maryland, as part of a government-assisted merger, which was followed by the acquisition of The Community Bank in Loganville, Georgia, on November 21, 2008, and Transcommunity Bank in Goochland, Virginia, on August 1, 2008. On April 20, 2009, the institution changed its name to Essex Bank. Ultimately, on December 4, 2021, Essex Bank merged with and became part of United Bank, headquartered in Fairfax, Virginia, marking the end of its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1926-01-01Institution established. Original name: Bank of Essex.

1990-04-20Main Office moved to 323 Prince Street, Tappahannock, VA 22560.

1991-12-27Institution becomes member of the Federal Reserve System.

2006-06-12Main Office moved to 1325 Tappahannock Blvd., Tappahannock, VA 22560.

2008-08-01Acquired Transcommunity Bank, National Association in Goochland, VA.

2008-11-21Acquired The Community Bank in Loganville, GA as part of a government assisted merger.

2009-01-30Acquired Suburban Federal Savings Bank in Crofton, MD as part of a government assisted merger.

2009-04-20Changed Institution Name to Essex Bank.

2014-07-07Main Office moved to 9954 Mayland Drive, Richmond, VA 23233.

2021-12-04Merged and became part of United Bank in Fairfax, VA.