Virginia Community Bank

Virginia Community Bank was established on September 10, 1976, originally under the name The Bank of Louisa. The institution underwent a name change to The Bank of Louisa on June 20, 1978, and later became a member of the Federal Reserve System on February 11, 1982. On January 1, 1985, the bank adopted its current name, Virginia Community Bank. Over the years, Virginia Community Bank experienced several regulatory changes, including an adjustment to its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC) on January 5, 2016, when it also withdrew from membership in the Federal Reserve System and changed its classification to a state-chartered bank. The main office moved to 408 East Main Street in Louisa, Virginia, first on January 1, 2004, and again on April 12, 2011, to the same location. Virginia Community Bank eventually merged with Blue Ridge Bank, National Association, on December 15, 2019, becoming part of that institution based in Martinsville, Virginia.

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

1976-09-10Institution established. Original name: The Bank of Louisa.

1978-06-20Changed Institution Name to The Bank of Louisa.

1978-06-20Main Office moved to U.s. Route 33 And State Rd. 22, Louisa County, Va 23093.

1982-02-11Institution becomes member of the Federal Reserve System.

1985-01-01Changed Institution Name to Virginia Community Bank.

2004-01-01Main Office moved to 408 East Main Street, Louisa, VA 23093.

2011-04-12Main Office moved to 408 East Main Street, Louisa, VA 23093.

2016-01-05Institution withdraws from membership in the Federal Reserve System.

2016-01-05Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2016-01-05Changed Primary Federal Regulatory Agency to FDIC.

2019-12-15Merged and became part of Blue Ridge Bank, National Association in Martinsville, VA.